54 Railroad Ave, Richmond, California 94801, Richmond, 94801 - 10 bed, 2 bath
54 Railroad Ave
Richmond, California 94801
Property Price
SUMMARY
Analysis of 54 Railroad Ave, Richmond, California 94801 is currently available with a list price of $1,350,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Richmond Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property, built in 1961, is currently configured as an office building. While it appears maintained for its current use, its 'potential single-family or small multi-family conversion' highlights significant deficiencies for residential living. The 'kitchenettes' are extremely basic, consisting only of a sink and counter, and would require substantial rehabilitation to install functional residential kitchens. The two bathrooms are functional but basic and dated in style, also necessitating updates for residential appeal. The mixed flooring includes dated carpet and tile. Given the age of the building and the extensive work required to convert it into a livable residential property with proper kitchens, it falls into the 'Poor' category, requiring substantial repairs and rehabilitation for its intended future use.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Conversion Potential
The property offers significant flexibility for conversion into single-family or small multi-family residences, appealing to investors and developers seeking adaptive reuse opportunities.
- Prime Walkable Location
Situated in the heart of Point Richmond, with quick access to local businesses and eateries, enhancing lifestyle and potential rental appeal for future residential units.
- Flexible Interior Layout
Designed with private offices, reception areas, and kitchenettes on both floors, allowing for easy adaptation into multiple residential units or a spacious single-family home.
CONSRISKS & DEFICIENCIES
- Significant Conversion Investment Required
As an existing office building, substantial renovation, design changes, and potential zoning adjustments will be necessary for residential conversion, incurring considerable cost and time.
- Outdated Infrastructure (Implied)
Built in 1961, the property may have older infrastructure and design elements that would require modernization to meet contemporary residential standards and preferences, adding to renovation expenses.
- Lack of Immediate Residential Functionality
The current layout and amenities are geared towards office use, meaning it lacks immediate residential features like dedicated bedrooms, living areas, and a fully equipped residential kitchen, requiring a complete overhaul.
About 54 Railroad Ave
**Current office building with potential single-family or small multi-family conversion** Charming, light-filled office building featuring some privates with direct access to front garden or rear decks. Great for single-tenant identity or can easily allow for two separate spaces. Both floors have bathrooms, reception areas, and dedicated rooms for kitchenettes. Private offices are spacious, and all offer natural light. Plenty of easy off-street parking across the street. Just a quick walk through the neighboring breezeway to the businesses and eateries in the heart of Point Richmond. Matterport Virtual Walk-Through available through this link: https://my.matterport.com/show/?m=Bt3FeMzzuXr
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 4,000 Sq. Ft.
Interior
- Total Bedrooms
- 10
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Richmond Unified Schools
Washington Elementary School
Grades K-6 • 0.2 mi
Fred T. Korematsu Middle School
Grades 7-8 • 4.7 mi
Kennedy High School
Grades 9-12 • 3.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 10.0 | 3.0 | 97% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 3,361 | 1,417 | 97% |
| Lot Size | 4,000 | 3,750 | 55% |
| Price | $1.35M | $540.0K | 97% |
| Price per sq ft | $402 | $414 | 45% |
| Built year | 1961 | 1955 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 298 | 176 | 0% |
Pricing History
Listed for Sale
May 13, 2025
$1,350,000
Initial Listing