630 12th St, Richmond, California 94801, Richmond, 94801 - 3 bed, 1 bath
ACTIVE$369,000
630 12th St, Richmond, California 94801
3Beds
1Bath
1,110Sqft
3,348Lot
Price Vs. Estimate
The estimated value ($369,000) is $0 (0%) lower than the list price ($369,000). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Price Reduction: The list price has been reduced from $400,000 to $369,000, indicating a motivated seller and potential for a competitive purchase.
Top Cons:
Tenant Access Issues: The critical note 'Tenant is not allowing access' presents a significant challenge for property showings, inspections, and due diligence, potentially complicating the transaction.
Compared to the nearby listings
Price:$369.0K vs avg $530.0K ($-161,000)10%
Size:1,110 sqft vs avg 1,148 sqft41%
Price/sqft:$332 vs avg $42420%
More Insights
Built in 1912 (113 years old).
Condition: Built in 1912, this property is over 100 years old. The listing explicitly states it's an 'excellent opportunity for first time buyer or Fix and flip,' indicating a need for substantial repairs and rehabilitation. The exterior image shows significant signs of age and neglect, including faded paint and an older roof. The lack of interior access due to a tenant further suggests the interior, including the kitchen and bathroom, is likely in a very outdated and worn condition, requiring major renovations to meet current standards. This aligns with the 'Poor' condition criteria.
Year Built
1912
Close
-
List price
$369K
Original List price
$400K
Price/Sqft
$332
HOA
-
Days on market
-
Sold On
-
MLS number
41106504
Home ConditionPoor
Features
View-
About this home
This home is an excellent opportunity for first time buyer or Fix and flip Tenant is not allowing access
Nearby schools
3/10
Peres Elementary School
Public,•K-6•0.4mi
3/10
Lincoln Elementary School
Public,•K-6•0.7mi
3/10
Washington Elementary School
Public,•K-6•1.7mi
1/10
Lovonya Dejean Middle School
Public,•7-8•1.2mi
1/10
Helms Middle School
Public,•7-8•1.8mi
4/10
Fred T. Korematsu Middle School
Public,•7-8•3.6mi
3/10
Richmond High School
Public,•9-12•0.9mi
2/10
Kennedy High School
Public,•9-12•1.9mi
Condition Rating
Poor
Built in 1912, this property is over 100 years old. The listing explicitly states it's an 'excellent opportunity for first time buyer or Fix and flip,' indicating a need for substantial repairs and rehabilitation. The exterior image shows significant signs of age and neglect, including faded paint and an older roof. The lack of interior access due to a tenant further suggests the interior, including the kitchen and bathroom, is likely in a very outdated and worn condition, requiring major renovations to meet current standards. This aligns with the 'Poor' condition criteria.
Pros & Cons
Pros
Significant Price Reduction: The list price has been reduced from $400,000 to $369,000, indicating a motivated seller and potential for a competitive purchase.
Investment Opportunity: Explicitly marketed as an 'excellent opportunity for first time buyer or Fix and flip,' highlighting its potential for value addition through renovation.
Affordable Entry Point: At $369,000, this single-family residence offers a relatively accessible price point for buyers in the Richmond, California market.
Functional Layout: The property features 3 bedrooms and 1 bathroom across 1110 sqft, providing a practical and manageable living space for a starter home or rental.
Proximity to Elementary School: Peres Elementary School is located very close (0.38 miles), offering convenience for families with young children.
Cons
Tenant Access Issues: The critical note 'Tenant is not allowing access' presents a significant challenge for property showings, inspections, and due diligence, potentially complicating the transaction.
Advanced Age of Property: Built in 1912, the home is over a century old, suggesting a high likelihood of requiring substantial updates to major systems (plumbing, electrical, HVAC) and general deferred maintenance.
Limited Bathroom Count: Having only one bathroom for a 3-bedroom home can be a functional drawback for occupants and may limit its appeal to certain buyer segments or impact future resale value.