
Richmond, California 94804
This Dual-Residence Income Asset is listed at $1,060,000, representing a stable and fair entry point at its $1,060,000 Fair Market Value. Boasting a Move-In Ready Condition Rating, the property features two independent homes on one lot, complete with separate utility meters, EV-ready garages, and a private deck and patio. Located in the desirable Richmond Annex within the West Contra Costa district, this rare configuration offers significant rental upside or lifestyle flexibility. It is a strategic acquisition for Owner-Occupants looking to house-hack or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5312 Sacramento Ave Subject | $1,060,000* List Price | 0 | 0 | 2,500 | $424 | - |
A 5622 5622 Huntington Ave Sold | $1,001,000 | 4 | 3 | 2,027 | $494 | 0.2 mi |
B 5901 Burlingame Avenue Sold | $820,000 | 3 | 2 | 2,024 | $405 | 0.5 mi |
C 1623 Butte St Sold | $1,085,000 | 4 | 3 | 2,651 | $409 | 0.6 mi |
D 5355 Bayview Ave Sold | $800,000 | 3 | 2 | 1,848 | $433 | 0.9 mi |
E 1564 Santa Clara St Sold | $925,000 | 3 | 3 | 1,753 | $528 | 0.6 mi |
F 1551 Merced St Sold | $861,000 | 3 | 2 | 1,914 | $450 | 0.6 mi |
G 5830 Sutter Ave Pending | $839,000 List Price | 3 | 2 | 1,572 | $534 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained with significant infrastructure upgrades. Key improvements include newer forced-air furnaces, water heaters, double-pane windows, and updated electrical systems with EV-ready outlets. The interiors feature refinished hardwood floors and updated LED lighting. While the kitchen and bathrooms show some dated stylistic elements, such as older tile work and countertops, they are clean, functional, and well-kept, requiring no immediate renovation.
The property features two separate homes on a single lot, providing a rare and versatile opportunity for multi-generational living or significant rental income potential in the desirable Richmond Annex.
Both units have been extensively updated with newer forced-air furnaces, water heaters, double-pane windows, and electrical sub-panels, including EV-ready outlets in the garages.
The residences are equipped with separate meters for water, gas, and electricity, making it an ideal setup for investors or owners looking for simplified utility management.
The total square footage is unverified due to incorrect county assessor data, which may complicate the appraisal process and buyer valuation.
The property has undergone multiple price reductions since its initial listing, which may indicate a struggle to align with current market expectations or buyer demand.
This is a rare gem. Two houses on one lot in the Annex! This is a great opportunity for an extended family living arrangement. You may not find this type of property again for who knows how long. Same family ownership since the 50's. Parcel originally had one home. The owner's father moved a house from where the 80 Freeway was being developed to this current lot back in the late 50's. Very well maintained over all the years. Over time each unit has been improved with newer force-air furnaces, water heaters and double pane windows, updated LED lighting and electrical. Most recently 2515 has refinished hardwood floors, insulation, newer furnace and water heater, plus has a full basement and some earthquake retrofitting. 5312 Sac has a finished basement, newer furnace and water heater. Separate water, gas and electric meters to each unit. Property sqft is not verified since the county assessor has incorrect data. Interiors are very well kept. Electric main and interior sub panels have been updated and EV outlets are in the garages. With homes selling in the annex for $700k plus, here you can purchase two quality homes for lots less!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 3% |
| Baths | 0.0 | 2.0 | 3% |
| Square foot | 2,500 | 1,235 | 97% |
| Lot Size | 6,100 | 4,500 | 94% |
| Price | $1.06M | $627.2K | 93% |
| Price per sq ft | $424 | $492 | 24% |
| Built year | 1953 | 1948 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 371 | 150 | 0% |
Mar 22, 2026
$1,060,000
$1,100,000
-4% Price Drop
Initial Listing
Sep 28, 2025
$1,100,000
Initial Listing
Apr 16, 2025
$1,200,000
Initial Listing