720 Kern Street, Richmond, California 94805, Richmond, 94805 - 2 bed, 1 bath
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720 Kern Street
Richmond, California 94805
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,222Sq Ft
6,000Lot Size
Property Price
LIST PRICE$599,888
EST. MARKET VALUE
$607,741
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $599,888—positioned well below the $607,741 Fair Market Value by 1.29%. This valuation gap offers $7,853 in Instant Equity for the buyer. Featuring a 6,000 sq. ft. lot and hardwood floors, the home maintains a Condition Rating of 4, signaling a need for cosmetic updates. While local school ratings are modest, the property’s proximity to I-80 and Pacific East Mall ensures strong rental demand, making it ideal for Buy-and-Hold Investors or first-time buyers.
Estimated Market Value
$607,741
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 |
|---|---|---|---|---|---|---|
★ 720 Kern Street Subject 2 bd · 1 ba · 1,222 sqft · $497 | $599,888* List Price | 2 | 1 | 1,222 | $497 | - |
A 716 Courtland Avenue Sold 3 bd · 2 ba · 1,474 sqft · $509 · 0.1 mi | $750,000 | 3 | 2 | 1,474 | $509 | 0.1 mi |
B 3811 Clinton Ave Sold 2 bd · 1 ba · 911 sqft · $587 · 0.5 mi | $535,000 | 2 | 1 | 911 | $587 | 0.5 mi |
C 438 43rd Street Sold 2 bd · 1 ba · 881 sqft · $602 · 0.7 mi | $530,000 | 2 | 1 | 881 | $602 | 0.7 mi |
D 5418 Solano Ave Sold 2 bd · 1 ba · 888 sqft · $591 · 0.1 mi | $525,000 | 2 | 1 | 888 | $591 | 0.1 mi |
E 725 Boyd Ave Sold 2 bd · 1 ba · 927 sqft · $507 · 0.6 mi | $470,000 | 2 | 1 | 927 | $507 | 0.6 mi |
F 4315 Nevin Ave Sold 2 bd · 1 ba · 1,091 sqft · $486 · 0.7 mi | $530,000 | 2 | 1 | 1,091 | $486 | 0.7 mi |
G 638 36th St Sold 3 bd · 2 ba · 1,526 sqft · $459 · 0.7 mi | $700,000 | 3 | 2 | 1,526 | $459 | 0.7 mi |
H 439 44th St Sold 3 bd · 1 ba · 1,101 sqft · $500 · 0.7 mi | $550,000 | 3 | 1 | 1,101 | $500 | 0.7 mi |
I 3500 Mcbryde Ave. Active 3 bd · 1 ba · 990 sqft · $601 · 0.7 mi | $595,000 List Price | 3 | 1 | 990 | $601 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1940, the property is dated with features like wood paneling and older wall heaters suggesting systems are over 20 years old. While the kitchen has stone countertops, the bathroom shows significant age with mirror silvering loss and older fixtures, indicating a need for cosmetic and minor system updates.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Lot Size
The 6,000 sq. ft. lot provides significant outdoor space for gardening, entertaining, or potential expansion, offering a high degree of privacy and versatility for a two-bedroom home.
- Modern Interior Finishes
The home features attractive hardwood flooring throughout and a kitchen updated with stone countertops, providing a move-in-ready aesthetic that blends classic charm with modern functionality.
- Strategic Commuter Location
Ideally situated with easy access to I-80 and proximity to the Pacific East Mall, this property offers excellent convenience for East Bay commuters and shoppers.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The property is served by schools with low performance ratings, particularly the local middle schools rated 1/10, which may impact long-term appreciation and appeal to families.
- Limited Bathroom Capacity
With only one bathroom serving the entire household, the property may face functional limitations for families or guests compared to more modern multi-bath configurations.
About 720 Kern Street
Nestled in a tranquil, tree-lined neighborhood, this charming 2-bedroom, 1-bath home offers 1,122 sq. ft. of comfortable living space on a generous 6,000 sq. ft. lot. Hardwood floors flow throughout the home, creating a warm and inviting atmosphere, while the kitchen features stone countertops, ample cabinetry, and appliances to make everyday cooking a pleasure. Step outside to a spacious backyard with endless possibilities for gardening, outdoor dining, entertaining, or simply unwinding in your own private retreat. Conveniently located near grocery stores, restaurants, shopping destinations, and Pacific East Mall, with easy access to I-80, this home offers a wonderful balance of peaceful living and everyday convenience. Whether you're a first-time buyer, looking to downsize, or searching for a property with room to personalize, this is an opportunity to make a home your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 6,000 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
Riverside Elementary School
Grades K-6 • 0.7 mi
3/10
Mira Vista Elementary School
Grades K-8 • 0.5 mi
4/10
Lovonya Dejean Middle School
Grades 7-8 • 1.0 mi
1/10
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 | 1,222 | 1,182.264 |
| Lot Size | 6,000 | 5,000 |
| Price | $599.9K | $667.7K |
| Price per sq ft | $491 | $537 |
| Built year | 1940 | 1947 |
| HOA | $0 | $152 |
| Days on market | 9 | 39 |
Pricing History
Listed for Sale
Oct 15, 2026
$599,888
Initial Listing