5705 Panama Ave, Richmond, California 94804, Richmond, 94804 - 0 bed, 0 bath
Loading property details...
Richmond, California 94804
Analysis of 5705 Panama Ave, Richmond, California 94804 is currently available with a list price of $849,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is move-in ready and features a recently updated kitchen with modern cabinetry, stone countertops, and stainless steel appliances. The interior is well-maintained with refinished hardwood floors, updated bathrooms, and dual-pane windows. While the 1923 structure retains some older systems like wall heaters, the overall quality and professional landscaping indicate a high level of care and recent aesthetic updates.
The property features two distinct living units—a 1-bedroom flat and a 2-bedroom main house—offering excellent flexibility for rental income, a home office, or multi-generational living.
Professionally designed by an award-winning landscape architect, the three unique garden spaces create a private, verdant sanctuary that significantly enhances the home's aesthetic and emotional appeal.
Situated in the sought-after Richmond Annex, the home provides exceptional access to I-80, BART, and El Cerrito Plaza, making it ideal for residents seeking urban convenience.
The square footage, bedroom, and bathroom counts differ from official public records, which may complicate the appraisal process and requires thorough buyer due diligence.
Originally built in 1923, the property's age may necessitate ongoing maintenance or upgrades to aging systems and structural components typical of homes from this era.
Rarely in the Richmond Annex does a property with such unexpected beauty become available. This is that property! You are welcomed by a magical flower garden visited by butterflies and hummingbirds. Owned, designed, and lovingly maintained by an award-winning Bay Area landscape designer, this property features three unique and thoughtful gardens to enjoy. 5705 Panama greets you at the driveway. Perched atop the garage/storage spaces, this light-filled, 1-bedroom, 1-bath flat, with its own laundry and meditation garden, offers sweeping views of Richmond Annex and Albany Hill. Entering the front gate, you find yourself in a sprawling, verdant garden, perfect for relaxing, playing, and entertaining. Set back on the property is 5703 Panama, a sweet 2-bedroom, 1½ bathroom home with a sunny living room and formal dining room looking out over your private oasis. The recently updated kitchen is adjoined by a convenient mud/laundry room. If you live here, you will never need to leave home to experience the joy of nature. Oh yes, this property is also close to I-80, BART, bus lines, El Cerrito Plaza, and more! *SQFT, Bed, and Bath count differs. Buyer to investigate.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 0.9 mi
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 | 540 | 1,235 | 1% |
| Lot Size | 7,000 | 4,500 | 97% |
| Price | $849.0K | $616.5K | 83% |
| Price per sq ft | $1.6K | $494 | 99% |
| Built year | 1923 | 1948 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 149 | 1% |
Apr 15, 2026
$849,000
Initial Listing
Jan 24, 2008
$430,000
Public Record
Sep 14, 2005
$690,000
Public Record
Sep 6, 1996
$200,000
Public Record