
Richmond, California 94804
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $510,987 Fair Market Value by 2%. This valuation gap offers $11,987 in Instant Equity. Featuring a 4-bedroom main house and two detached studio cottages, the property offers significant rental income potential. With a Condition Rating of 5, the home requires a full rehab to address deferred maintenance. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a versatile multi-unit asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 560 25th St Subject | $499,000* List Price | 4 | 2 | 1,698 | $301 | - |
A 2415 Maine Ave Sold | $400,000 | 4 | 2 | 1,356 | $295 | 0.8 mi |
B 72 Murdock St Sold | $400,000 | 2 | 1 | 1,199 | $334 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 with no evidence of recent major renovations. The interior shows significant signs of wear and neglect, including unfinished drywall patches, dated and low-quality kitchenettes, and bathrooms in disrepair. The property requires a full rehab to address cosmetic and likely systemic deficiencies.
The property features a 4-bedroom main house plus two detached studio cottages, offering exceptional potential for rental income, guest housing, or multi-generational living.
Equipped with existing solar panels and a low-maintenance yard, this home provides significant long-term utility savings and simplified exterior upkeep.
A massive, gated side yard offers rare and secure accommodation for an RV, boat, or multiple additional vehicles, providing high utility for owners with extra storage needs.
The assigned public schools for this location have low performance ratings (ranging from 1 to 3), which may affect the property's appeal to families with school-aged children.
The property includes a garage converted by previous ownership, which may necessitate careful review of permits and could impact future appraisal valuations or financing options.
Incredible multi-unit potential awaits in Richmond! This rare and versatile property features a spacious 4-bedroom, 3-bathroom main home paired with two completely detached studio cottages, making it the perfect setup for extended families, multi-generational living, or savvy buyers looking for massive flexibility.The main dwelling boasts a sun-drenched sunroom, a converted garage space added by previous ownership, and a highly functional layout including a private upstairs en suite and a convenient Jack-and-Jill bathroom. Outside, the low-maintenance yard keeps life simple, while a massive, secure, gated side yard easily accommodates an RV, boat, or multiple extra vehicles. Complete with energy-efficient solar panels already on the property, this unique compound provides endless options and unparalleled space.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,698 | 1,157 |
| Lot Size | 5,000 | 5,000 |
| Price | $499.0K | $681.0K |
| Price per sq ft | $294 | $503 |
| Built year | 1951 | 1943 |
| HOA | $0 | $125 |
| Days on market | 9 | 40 |
Jul 14, 2026
$499,000
Initial Listing