
Richmond, California 94801
This Value-Add Residential Asset is listed at $375,000—positioned well below the $378,860 Fair Market Value by 1%. This pricing offers $3,860 in Instant Equity, with substantial upside via forced appreciation. Built in 1990, the home features a Modern Structural Foundation and a functional 3/2 Layout, outperforming older local cottages. Currently in Fixer-Upper Condition, it requires a full rehab and is limited to cash buyers. Despite underperforming schools, its location makes it a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 4th St Subject | $375,000* List Price | 3 | 2 | 1,104 | $293 | - |
A 502 Pennsylvania Sold | $455,000 | 4 | 2 | 1,254 | $363 | 0.2 mi |
B 630 12th St Active | $369,000 List Price | 3 | 1 | 1,110 | $332 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'fixer-upper' and is restricted to cash buyers only, which typically indicates it cannot qualify for traditional financing due to its condition. While built in 1990, the description and images suggest significant neglect, including stained flooring and the need for substantial interior rehabilitation and system updates.
Priced at $375,000, this property represents a significant entry-level investment opportunity within the Bay Area, offering substantial equity potential for those looking to renovate and flip.
Built in 1990, the home likely benefits from more modern building codes, plumbing, and electrical standards compared to the older historical cottages common in the surrounding Richmond area.
The three-bedroom, two-bathroom configuration is a highly desirable footprint that maximizes the 1,104 square feet of living space, making it attractive for both families and high-yield rental portfolios.
The property is strictly limited to serious cash buyers due to its 'fixer-upper' status, which excludes traditional buyers relying on conventional or FHA financing.
The local schools carry low performance ratings (ranging from 1 to 4), which may limit the property's appeal to families and impact long-term appreciation compared to neighboring districts.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,104 | 1,265.5 | 32% |
| Lot Size | 2,700 | 3,463 | 35% |
| Price | $375.0K | $537.5K | 9% |
| Price per sq ft | $340 | $416 | 24% |
| Built year | 1990 | 1954 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 168 | 24% |
Jan 20, 2026
$375,000
Initial Listing
Jul 31, 2009
$37,000
Public Record