5861 5861 Bernhard Ave, Richmond, California 94805, Richmond, 94805 - 3 bed, 3 bath
5861 5861 Bernhard Ave
Richmond, California 94805
Property Price
SUMMARY
Analysis of 5861 5861 Bernhard Ave, Richmond, California 94805 reveals a Prime Investment Opportunity with a current list price of $998,000—significantly undercutting the $1,064,038 Fair Market Value by 6%. This valuation gap indicates a +$66,038 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5861 5861 Bernhard Ave Subject | $998,000* List Price | 3 | 3 | 1,854 | $574 | - |
A 953 Lassen St Sold | $800,000 | 3 | 2 | 1,270 | $630 | 0.5 mi |
B 5619 Doremus Ave Sold | $768,000 | 4 | 2 | 1,781 | $431 | 0.5 mi |
C 5949 Arlington Blvd Sold | $1,100,000 | 4 | 3 | 2,042 | $539 | 0.1 mi |
D 6107 Ralston Ave Sold | $800,000 | 3 | 2 | 1,544 | $518 | 0.3 mi |
E 1920 Ralston Ave Sold | $1,100,000 | 4 | 2 | 2,183 | $504 | 0.8 mi |
F 5950 Monterey Ave Active | $988,000 List Price | 3 | 2 | 1,756 | $563 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant modern updates including a remodeled kitchen with stainless steel appliances and Corian counters, redesigned bathrooms with custom tile, and a newer roof with owned solar panels. While originally built in 1988, the extensive renovations to the interior, the addition of a finished studio, and well-maintained outdoor living spaces align with high-quality standards, though it lacks the 'brand new' status required for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Breathtaking Multi-Directional Views
The property offers expansive, inspired views of the San Francisco Bay, the SF skyline, Marin, and Wildcat Canyon, providing a premium aesthetic and high resale value.
- Versatile Creative Spaces
In addition to the main house, the property includes a detached finished studio with skylights and a flexible lower-level family room, perfect for a home office, art studio, or guest retreat.
- Modern Infrastructure & Sustainability
The home features significant upgrades including owned solar panels, a newer roof, and a thoughtfully remodeled kitchen and bathrooms, ensuring energy efficiency and reduced immediate maintenance costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1854, other record living area = 1578.
- Moderate School Ratings
The assigned public schools for this address have average ratings (4-5/10), which may be a drawback for families prioritizing high-performing educational districts.
- Geographic Accessibility
Located in the hills of Richmond View, the property is several miles from BART and major shopping centers, likely requiring a car-dependent lifestyle for most daily activities.
About 5861 5861 Bernhard Ave
Welcome to 5861 Bernhard a spacious & inspired 3+ bedrms, 2.5-bath home w/views of the Bay, SF, Marin & Wildcat Canyon.This thoughtfully remodeled Richmond View residence offers artistic style, natural light & seamless indoor-outdoor living.The open concept main level features a gracious living room w/ a beautiful arch that elegantly defines the LR & dining areas. Kitchen highlights includes Corian counters, S/S appliances, custom tile, & a generous island. Just beyond the kitchen is a spectacular sunroom designed to bring sunlight & the beauty of nature into the home. 3 sun-filled bedrms, are complemented by the redesigned baths w/ custom tiles & refined fixtures.A flexible lower-level family room w/ both interior & exterior access is perfect for a home theater, office, or guest retreat. Tucked at the rear of the yard is an amazing studio w/ skylights, lighting, finished walls & beam ceilings, perfect as an art, music or home office space. The expansive yard showcases flagstone patios, multiple decks, & vibrant gardens. Owned solar, newer roof, workshop, storage, a fenced yard & so much more! Near Alvarado & Wildcat Canyon Regional Parks w/ miles of trails + BART, schools, shops & restaurants. Rare, creative, peaceful, the home you have been waiting for. OFFER DATE Wednesday 3/4
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 2.0 | 82% |
| Square foot | 1,854 | 1,409 | 85% |
| Lot Size | 7,200 | 5,000 | 95% |
| Price | $998.0K | $755.0K | 87% |
| Price per sq ft | $538 | $539 | 49% |
| Built year | 1988 | 1945 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 163 | 3% |
Pricing History
Listed for Sale
Feb 19, 2026
$998,000
Initial Listing
Sold
Dec 9, 1997
$223,000
Public Record