632 9th St, Richmond, California 94801, Richmond, 94801 - bed, bath

632 9th St, Richmond, California 94801 home-pic-0
ACTIVE$659,000
632 9th St, Richmond, California 94801
0Bed
0Bath
Sqft
3,800Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Investment Opportunity: This duplex offers excellent investment potential with one unit recently remodeled and vacant, ready for immediate occupancy or new tenant, and the other occupied by a long-term tenant providing steady income.
Top Cons:
Property Age: Built in 1963, the property is over 60 years old, which may indicate potential for older infrastructure (plumbing, electrical, roof) that could require future maintenance or upgrades.

Compared to the nearby listings

Price:$659.0K vs avg $692.0K ($-33,000)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 1963 (62 years old).
Condition: The property, built in 1963, is a duplex. The listing explicitly states that the upstairs unit (#634) was extensively remodeled within the past five years. The provided images confirm this, showcasing a modern kitchen with stainless steel appliances, granite countertops, and new cabinetry, along with an updated bathroom featuring a new vanity and modern tile flooring. The bedrooms also feature new wood-look flooring. The exterior appears well-maintained, and the roof looks recently updated. While one unit is in excellent, move-in ready condition due to the recent renovation, the condition of the second unit (#632), occupied by a long-term tenant, is not detailed or pictured. Therefore, the overall property is rated 'Good' as it is move-in ready for at least one unit and has undergone significant recent updates, but the entire property has not had a full, recent renovation.
Year Built
1963
Close
-
List price
$659K
Original List price
$679K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41109628
Home ConditionGood
Features
Deck
View-

About this home

NEW PRICE! Great Investment Opportunity to own a duplex in a convenient location! Each unit offering 3 bedrooms, 1 bath. The downstairs unit (#632) includes an attached one-car garage with interior access, while the upstairs unit (#634) has a separate garage adjacent to the property. Each garage also has a driveway for extra parking. Both units have their own laundry hookups, and tenants pay their own utilities. The upstairs unit (#634) is currently vacant and has been remodeled within the past five years, ideal for moving right in. The other unit is occupied by a long-term tenant, providing steady rental income. Conveniently located within minutes of freeways, kaiser, Bart, and other amenities.

Nearby schools

3/10
Peres Elementary School
Public,K-60.2mi
3/10
Lincoln Elementary School
Public,K-60.7mi
3/10
Washington Elementary School
Public,K-61.6mi
1/10
Lovonya Dejean Middle School
Public,7-81.4mi
1/10
Helms Middle School
Public,7-81.9mi
4/10
Fred T. Korematsu Middle School
Public,7-83.8mi
3/10
Richmond High School
Public,9-121.0mi
2/10
Kennedy High School
Public,9-122.1mi
Condition Rating
Good

The property, built in 1963, is a duplex. The listing explicitly states that the upstairs unit (#634) was extensively remodeled within the past five years. The provided images confirm this, showcasing a modern kitchen with stainless steel appliances, granite countertops, and new cabinetry, along with an updated bathroom featuring a new vanity and modern tile flooring. The bedrooms also feature new wood-look flooring. The exterior appears well-maintained, and the roof looks recently updated. While one unit is in excellent, move-in ready condition due to the recent renovation, the condition of the second unit (#632), occupied by a long-term tenant, is not detailed or pictured. Therefore, the overall property is rated 'Good' as it is move-in ready for at least one unit and has undergone significant recent updates, but the entire property has not had a full, recent renovation.
Pros & Cons

Pros

Strong Investment Opportunity: This duplex offers excellent investment potential with one unit recently remodeled and vacant, ready for immediate occupancy or new tenant, and the other occupied by a long-term tenant providing steady income.
Prime Location & Accessibility: Conveniently located in Richmond's 'IRON TRIANGLE' subdivision, with easy access to freeways, Kaiser, BART, and other essential amenities, enhancing tenant demand and property value.
Tenant-Friendly & Owner-Beneficial Setup: Each 3-bedroom, 1-bath unit includes its own laundry hookups and tenants pay their own utilities, reducing owner's operational costs and increasing tenant appeal.
Ample Parking Provisions: Both units benefit from dedicated parking, with one attached garage, one separate garage, and additional driveway space, a significant advantage for tenants.
Recently Remodeled Unit: The upstairs unit (#634) has been remodeled within the past five years, offering a modern, move-in ready space that can command higher rent or serve as an attractive owner-occupant option.

Cons

Property Age: Built in 1963, the property is over 60 years old, which may indicate potential for older infrastructure (plumbing, electrical, roof) that could require future maintenance or upgrades.
Mixed School Ratings: Several nearby schools have low ratings (e.g., 1 out of 10), which could be a deterrent for families with school-aged children and potentially impact long-term desirability.
Potential for Discrepant Unit Condition: While the upstairs unit is remodeled, the downstairs unit, occupied by a long-term tenant, may not have received similar updates, potentially requiring investment to bring it to comparable modern standards.

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