589 5th St, Richmond, California 94801, Richmond, 94801 - 2 bed, 1 bath
589 5th St
Richmond, California 94801
Property Price
SUMMARY
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1918, this bungalow has undergone an extensive recent renovation that meets modern quality standards. The property features a fully updated kitchen with quartz countertops and new stainless steel Wi-Fi-enabled appliances, a modernized bathroom, new energy-efficient windows, and contemporary flooring throughout. The interior and exterior show no signs of deferred maintenance, making it a turnkey, high-quality home.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Buyer Incentives
The property is eligible for significant financial programs, including a $10,000 forgivable down payment assistance and 0% down payment options, making it an ideal entry point for first-time homeowners.
- Modernized Vintage Charm
This 1918 bungalow has been thoughtfully updated with energy-efficient windows, a Wi-Fi-enabled gas range, and a Kangaroo security system, blending classic character with contemporary convenience.
- Commuter-Friendly Location
Ideally situated for Bay Area professionals, the home offers quick access to BART and major freeways, ensuring a convenient commute to surrounding employment hubs.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 823 square feet of living area and a small 2,065 square foot lot, the property may feel restrictive for growing families or those seeking significant outdoor space.
- Underperforming School District
The local middle schools carry very low performance ratings, which could be a concern for families prioritizing educational quality and may impact future resale value.
About 589 5th St
Charming and move-in ready, this light-filled 2-bedroom, 1-bath bungalow in North Richmond has been thoughtfully updated with modern touches throughout. The seller recently replaced nearly all the windows, enhancing natural light and energy efficiency. Additional upgrades include a gas range stove with Wi-Fi connectivity, allowing you to control it from your phone, plus a Kangaroo security system and video doorbell for added peace of mind. Enjoy convenient single-level living just minutes from schools, BART, and major freeways for easy access across the Bay Area. A dedicated parking space is located at the back of the property for added convenience. Property is eligible for a $10,000 forgivable down payment assistance and 0% Down 0 PMI loans for first time buyers.. $8700 lender credit also available for qualified buyers. Take a virtual tour here: https://my.matterport.com/show/?m=zsFfdcvSt1R
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 2,065 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Richmond Unified Schools
Peres Elementary School
Grades K-6 • 0.2 mi
Lincoln Elementary School
Grades K-6 • 0.6 mi
Washington Elementary School
Grades K-6 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 823 | 1,408 | 17% |
| Lot Size | 2,065 | 3,486 | 3% |
| Price | $360.0K | $530.0K | 3% |
| Price per sq ft | $437 | $414 | 55% |
| Built year | 1918 | 1949 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 120 | 176 | 21% |
Pricing History
Listed for Sale
Nov 7, 2025
$360,000
Initial Listing
Sold
Aug 3, 2020
$350,000
Public Record
Sold
Sep 22, 2016
$206,500
Public Record
Sold
Nov 2, 2012
$80,000
Public Record
Sold
Aug 9, 2005
$350,000
Public Record
Sold
Aug 3, 2004
$217,000
Public Record
Sold
Oct 21, 2002
$184,000
Public Record