
Richmond, California 94804
This property presents a High-Potential Investment Opportunity with a List Price of $549,950—positioned well below the $443,035 Fair Market Value by -24%. Featuring a Condition Rating of 5, this fixer-upper requires a full interior rehab, yet the 5,000 sqft corner lot and detached garage provide significant upside for ADU development. While local school ratings are modest, the location offers strategic proximity to BART and major transit. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5526 Carl Ave Subject | $549,950* List Price | 2 | 1 | 984 | $450 | - |
A 800 S 45th St Active | $495,000 List Price | 3 | 1 | 894 | $554 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942 and marketed as a fixer-upper, the property shows significant signs of neglect including visible moisture damage/mold on bedroom walls, peeling plaster, and a completely outdated kitchen. The home requires a full interior rehab and likely replacement of all major systems to meet modern safety standards.
The 5,000 sqft corner lot and detached garage provide exceptional opportunities for expansion or the addition of an Accessory Dwelling Unit (ADU).
The interior features unique vaulted wood-beam ceilings and a cozy fireplace, offering a charming foundation for a high-end renovation.
Situated in the sought-after Richmond Annex, the property offers excellent proximity to BART, El Cerrito shopping, and major commuter routes.
The property is explicitly listed as a fixer-upper, requiring significant additional investment and labor to modernize and repair.
The assigned elementary school has a low rating of 2, which may be a drawback for families prioritizing high-performing educational districts.
Rare opportunity in the sought-after Annex neighborhood! This charming fixer-upper sits on a spacious corner lot with a detached garage, offering exceptional potential for expansion, development, or the addition of an ADU. Inside, the two-bedroom home is rich with character, featuring vaulted wood-beam ceilings, a cozy living room fireplace, abundant natural light, and an inviting layout with generously sized bedrooms. Whether you’re a first-time buyer, investor, or someone looking to create your dream home, this property presents endless possibilities to add value and make it your own. Probate sale with no court confirmation required. Conveniently located near the Richmond–San Rafael Bridge, BART, El Cerrito shopping and dining, and public transportation.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.9 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 984 | 1,156.5 | 33% |
| Lot Size | 5,000 | 4,899 | 51% |
| Price | $550.0K | $634.0K | 32% |
| Price per sq ft | $559 | $494 | 64% |
| Built year | 1942 | 1944 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 133 | 1% |
May 19, 2026
$549,950
Initial Listing
Oct 23, 1974
$11,500
Public Record