
Richmond, California 94801
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well below the $392,828 Fair Market Value by 4%. This valuation gap offers $17,828 in Instant Equity for buyers capable of managing a full-scale renovation. With a Condition Rating of 5, the home requires significant structural and cosmetic work. This asset is strictly for Fix-and-Flip Investors or Contractors who can leverage the 1990 construction standards to maximize ROI in a competitive market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 4th St Subject 3 bd · 2 ba · 1,104 sqft · $229 | $249,000* List Price | 3 | 2 | 1,104 | $229 | - |
A 239 15th Street Active 2 bd · 1 ba · 864 sqft · $231 · 0.6 mi | $200,000 List Price | 2 | 1 | 864 | $231 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (>30 years old) with no recorded renovations, the property is explicitly listed as a fixer-upper for cash buyers only. Visual evidence shows significant exterior neglect, including wood rot, peeling paint, and debris, indicating the home likely has safety or structural defects requiring a full rehab.
Priced at $375,000, this property offers a rare, low-cost entry point into the Bay Area market, providing significant upside potential for investors or flippers.
Built in 1990, the home likely benefits from more modern building codes, framing, and utility standards compared to the older housing stock typically found in this price range.
The 3-bedroom, 2-bathroom configuration is highly desirable for both resale and rental markets, offering a functional layout that appeals to a wide range of occupants.
Explicitly listed as a fixer-upper requiring work, the property will demand a substantial capital injection to bring it to a habitable or market-ready condition.
The requirement for 'serious cash buyers only' eliminates traditional financing options, limiting the sale to investors and those with immediate liquid capital.
Great fixer upper. 3 bedroom, 2 bathroom home Requires work, and the price is reflective of that.Serious cash buyers only please.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 1.7 |
| Square foot | 1,104 | 1,182.264 |
| Lot Size | 2,700 | 5,000 |
| Price | $249.0K | $667.7K |
| Price per sq ft | $226 | $537 |
| Built year | 1990 | 1947 |
| HOA | $0 | $152 |
| Days on market | 82 | 39 |
Aug 14, 2026
$249,000
$375,000
-34% Price Drop
Initial Listing
Aug 3, 2026
$375,000
Initial Listing
Jul 31, 2009
$37,000
Public Record