686 4th Street, Richmond, California 94801, Richmond, 94801 - 2 bed, 1 bath
Loading property details...
686 4th Street
Richmond, California 94801
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
875Sq Ft
4,000Lot Size
Property Price
LIST PRICE$250,000
EST. MARKET VALUE
$258,107
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $258,107 Fair Market Value by 3%. This valuation gap offers $8,107 in Instant Equity for buyers prepared to address the Condition Rating of 6. Given the extensive fire damage and outstanding code enforcement notices, this asset requires a complete reconstruction or demolition. The 4,000 sq. ft. lot provides a blank canvas for development, making this an ideal acquisition for Fix-and-Flip Investors or Contractors.
Estimated Market Value
$258,107+$8,107 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Richmond.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 686 4th Street Subject 2 bd · 1 ba · 875 sqft · $295 | $250,000* List Price | 2 | 1 | 875 | $295 | - |
A 155 4th St Sold 3 bd · 1 ba · 954 sqft · $314 · 0.6 mi | $300,000 | 3 | 1 | 954 | $314 | 0.6 mi |
B 239 15th Street Pending 2 bd · 1 ba · 864 sqft · $231 · 0.7 mi | $200,000 List Price | 2 | 1 | 864 | $231 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1917 and suffering from extensive fire damage, the structure is completely uninhabitable with severe structural defects and no functional systems, representing land value only.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Opportunity
Priced at $250,000, this property offers a significant entry-level opportunity for investors or contractors to rebuild or develop in the Richmond market.
- Generous Lot Size
The approximately 4,000 sq. ft. lot provides ample space for a new construction project or a complete reconstruction of the existing footprint.
- Proximity to Education
Located just 0.08 miles from Peres Elementary School, the site offers convenient access for future residents with young children.
CONSRISKS & DEFICIENCIES
- Extensive Fire Damage
The existing structure is uninhabitable and extensively fire-damaged, requiring a total overhaul or complete demolition before the site can be utilized.
- Code Enforcement Issues
The property is subject to an outstanding City of Richmond code enforcement notice, necessitating immediate corrective work and complex navigation of city permits.
About 686 4th Street
Fire-damaged single-family property in Richmond offering an investor or contractor opportunity on an approximately 4,000 sq. ft. lot. Existing structure is extensively damaged and uninhabitable. Public records report 2 bedrooms, 1 bathroom, approximately 875 sq. ft., and a 1917 year built; these describe the recorded structure and do not represent current usable living space. Property is subject to an outstanding City of Richmond code enforcement notice; required corrective work has not been completed. Buyer to investigate condition, City requirements, and feasibility of repair or reconstruction, including whether any existing structure may be retained. All work is subject to applicable permits and City approval.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1917
- Lot Size
- 4,000 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 • 0.1 mi
3/10
Lincoln Elementary School
Grades K-6 • 0.7 mi
3/10
Washington Elementary School
Grades K-6 • 1.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 875 | 1,182.264 |
| Lot Size | 4,000 | 5,000 |
| Price | $250.0K | $667.7K |
| Price per sq ft | $286 | $537 |
| Built year | 1917 | 1947 |
| HOA | $0 | $152 |
| Days on market | 15 | 39 |
Pricing History
Listed for Sale
Oct 9, 2026
$250,000
Initial Listing
Sold
Nov 30, 2000
$51,500
Public Record