
Richmond, California 94804
This Turnkey Bungalow is a Strong Value Opportunity, listed at $669,000—positioned well below the $674,849 Fair Market Value by 0.87%. This valuation gap offers $5,849 in Instant Equity. Featuring a remodeled kitchen, new roof, and refinished oak floors, the home maintains an Excellent Condition Rating. Located in the Richmond Annex with access to top-rated El Cerrito schools, this property offers a peaceful Japanese-inspired garden and private deck. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5437 Colusa Ave Subject | $669,000* List Price | 2 | 1 | 809 | $834 | - |
A 6124 Santa Cruz Ave Sold | $750,000 | 2 | 1 | 868 | $864 | 0.4 mi |
B 1427 Mariposa St Sold | $650,000 | 3 | 1 | 1,010 | $644 | 0.3 mi |
C 1342 S 57th St Sold | $650,000 | 2 | 1 | 993 | $655 | 0.3 mi |
D 5832 San Jose Ave Sold | $735,000 | 3 | 1 | 960 | $766 | 0.6 mi |
E 1333 Mariposa St Active | $599,888 List Price | 2 | 1 | 857 | $700 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1943, the property has undergone a high-quality recent renovation within the last 5 years. Key updates include a completely remodeled kitchen with modern cabinetry and stainless appliances, a new roof, and freshly refinished hardwood floors, presenting the home in mint, move-in condition.
The property features a recently remodeled kitchen and a brand-new roof, offering buyers peace of mind and reduced immediate maintenance costs.
Located in the Richmond Annex with access to El Cerrito schools and close proximity to BART and major freeways, providing excellent connectivity for Bay Area professionals.
The Japanese-inspired garden with winding paths and a dedicated deck offers a tranquil, high-quality private retreat that maximizes the lot's utility.
With only 809 square feet of living space, the home's small footprint may limit long-term suitability for growing families or those requiring significant indoor space.
The 2-bedroom layout is served by only one bathroom, which can be a functional drawback for multi-person households and may impact future resale value.
Bright, warm, and thoughtfully updated, this Richmond Annex bungalow blends classic character with a clean, modern feel. The 2-bedroom, 1-bath layout makes smart use of its 809 square feet, with an open living and dining space filled with natural light and grounded by freshly refinished oak hardwood floors. The recently remodeled kitchen feels fresh and timeless with updated cabinetry, sleek surfaces, stainless appliances, and a leafy outlook over the garden. A new roof adds another meaningful upgrade, while the covered front porch and cheerful red door give the home plenty of curb appeal from the start. Step outside and the mood shifts into something quieter. The private, Japanese-inspired garden features winding gravel paths, mature trees and landscaping, and a dedicated deck that feels made for morning coffee, dinner with friends, or an afternoon with absolutely nowhere to be. The setting feels peaceful, low-key, and surprisingly spacious. The large garage offers interior access, generous storage, and flexibility for bikes, gear, a workshop, home gym, or creative space. Set in the Richmond Annex and served by El Cerrito schools, the location makes everyday life easy. BART, shopping, dining, parks, and neighborhood essentials are all close by, while quick access to major freeways keeps Oakland, Berkeley, San Francisco, and the rest of the Bay within easy reach. Updated, inviting, and quietly stylish, 5437 Colusa is the kind of home that feels good the moment you walk in and even better once you realize how well it all works.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 809 | 1,209.27 |
| Lot Size | 3,700 | 5,000 |
| Price | $669.0K | $682.4K |
| Price per sq ft | $827 | $516 |
| Built year | 1943 | 1949 |
| HOA | $0 | $144 |
| Days on market | 21 | 38 |
Aug 19, 2026
$669,000
Initial Listing
Jul 19, 2017
$520,000
Public Record