5716 Fresno Ave, Richmond, California 94804, Richmond, 94804 - 2 bed, 1 bath
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Richmond, California 94804
This Richmond Annex Single-Family Residence is a strategic Value-Add Asset for those targeting forced appreciation. Listed at $780,000, the property carries a $686,726 Fair Market Value in its current state, reflecting a Poor Condition Rating due to an unfinished kitchen and deck. However, with an EV charger, new flooring, and proximity to Fairmont Elementary and El Cerrito Senior High, the infrastructure for a high-ROI project is present. This project is a prime acquisition for Fix-and-Flip Investors or Contractors ready to finalize renovations and capture market upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5716 Fresno Ave Subject | $780,000* List Price | 2 | 1 | 841 | $817 | - |
A 1650 Shasta St Pending | $710,000 List Price | 2 | 2 | 1,065 | $667 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the property features a recently updated bathroom, new flooring, and an EV charger, it is classified as poor because it is an unfinished 'work in progress.' The kitchen remodel is currently underway and incomplete, and the new deck lacks necessary stairs, requiring substantial rehabilitation and finishing work before the home is fully functional and move-in ready.
The home features valuable modern additions including an electric car charger in the garage, new flooring throughout, and a recently updated bathroom.
Situated on a charming, tree-lined street in the Richmond Annex, the property is conveniently located within walking distance of Fairmont Elementary School.
With a kitchen remodel already underway and a new deck awaiting completion, buyers have a unique opportunity to add personal touches and build immediate equity.
The property is currently a work in progress, with the kitchen remodel unfinished and stairs to the new deck yet to be installed.
Sold in as-is condition, the home requires a buyer prepared to manage ongoing renovations and potential deferred maintenance from its 1949 origin.
Located on a charming, tree-lined street, this home offer a blend of recent updates and exciting potential. Enjoy an updated bathroom, new flooring throughout, and a beautifully added fireplace that creates a warm and inviting living space. The property also features an electric car charger in the garage and a newly built deck-perfect for outdoor entertaining. The home is still a work in progress,with stairs to the deck yet to be completed and a kitchen remodel underway, providing a great opportunity for buyers to add their own finishing touches and build equity. Sold as-is
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 841 | 1,235 | 8% |
| Lot Size | 5,000 | 4,500 | 58% |
| Price | $780.0K | $616.5K | 79% |
| Price per sq ft | $927 | $494 | 99% |
| Built year | 1949 | 1948 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 148 | 149 | 49% |
Apr 9, 2026
$780,000
$800,000
-2% Price Drop
Initial Listing
Nov 25, 2025
$800,000
Initial Listing
Jul 24, 2018
$680,000
Public Record