5845 5845 Bernhard Ave, Richmond, California 94805, Richmond, 94805 - 3 bed, 2 bath
5845 5845 Bernhard Ave
Richmond, California 94805
Property Price
SUMMARY
Analysis of 5845 5845 Bernhard Ave, Richmond, California 94805 reveals a Prime Investment Opportunity with a current list price of $699,000—significantly undercutting the $748,329 Fair Market Value by 6%. This valuation gap indicates a +$49,329 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5845 5845 Bernhard Ave Subject | $699,000* List Price | 3 | 2 | 1,252 | $598 | - |
A 680 Mclaughlin St Sold | $640,000 | 3 | 2 | 1,184 | $541 | 0.8 mi |
B 953 Lassen St Sold | $800,000 | 3 | 2 | 1,270 | $630 | 0.5 mi |
C 613 613 41st St Sold | $818,000 | 3 | 2 | 1,304 | $627 | 1.0 mi |
D 828 Yuba Street Sold | $650,000 | 3 | 1 | 1,080 | $602 | 0.3 mi |
E 5400 Clinton Ave Sold | $630,000 | 2 | 1 | 972 | $648 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1956, the property has undergone an extensive recent renovation that meets modern quality standards. The interior features a fully updated chef’s kitchen with high-end stainless steel appliances, stone countertops, and contemporary cabinetry. The bathrooms have been modernized with new tile work and fixtures, and the home boasts refinished hardwood floors, recessed lighting, and a gas fireplace. The overall condition shows no deferred maintenance and high-quality finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8125, living area = 1252.
- Extensive Outdoor Living
The property sits on a generous 8,125 sqft lot featuring a 'gardener’s paradise' with over 21 fruit trees, offering rare urban agricultural potential and ample space for outdoor entertaining.
- Modernized Interior Finishes
The home features a thoughtfully updated chef’s kitchen and renovated bathrooms paired with classic hardwood floors and a gas fireplace, blending mid-century character with contemporary comfort.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only 1.5 bathrooms serving three bedrooms, the configuration may be a drawback for growing families or buyers prioritizing a full primary ensuite.
- Restricted Water Views
The 'peek-a-boo' water view is likely very limited in scope, which may not satisfy buyers specifically looking for the expansive bay vistas often sought after in the Richmond hills.
About 5845 5845 Bernhard Ave
Beautifully updated 3-bedroom, 1.5-bath home offering the perfect blend of comfort, character, and functionality. This gardener’s paradise features a spacious, lush yard with plenty of room to relax, over 21 fruit trees, entertain, and cultivate your dream outdoor retreat. Inside, you’ll find gleaming hardwood floors, a cozy gas fireplace, and a thoughtfully updated chef’s kitchen with modern finishes and ample workspace. Updated bathrooms add style and convenience, while the large basement with additional office space provides flexibility for remote work, hobbies, or extra storage. An attached garage adds everyday ease, and a charming peek-a-boo water view offers a special touch of tranquility. A rare opportunity to enjoy indoor comfort and outdoor beauty in one inviting home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 8,125 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Richmond Unified Schools
Mira Vista Elementary School
Grades K-8 • 0.8 mi
Fred T. Korematsu Middle School
Grades 7-8 • 2.7 mi
El Cerrito Senior High School
Grades 9-12 • 3.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,252 | 1,304 | 44% |
| Lot Size | 8,125 | 5,000 | 97% |
| Price | $699.0K | $740.8K | 44% |
| Price per sq ft | $558 | $541 | 51% |
| Built year | 1956 | 1945 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 163 | 3% |
Pricing History
Listed for Sale
Mar 3, 2026
$699,000
Initial Listing
Sold
Oct 23, 2015
$650,000
Public Record
Sold
Feb 27, 2004
$419,000
Public Record