
Richmond, California 94803
This tri-level townhouse presents a Strong Value Opportunity, listed at $369,000—positioned well below the $428,019 Fair Market Value by 13%. This valuation gap offers $59,019 in Instant Equity for the buyer. Featuring a Flexible Tri-Level Layout and dual outdoor decks, the property maintains a Condition Rating of 4, offering a move-in ready interior with significant potential for cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Bay Area market.
Property is moderate renovation needed.
Built in 1974, the property is over 50 years old. While the listing mentions being 'refreshed' with new paint, flooring, and lighting, the photos reveal dated features including popcorn ceilings, older dark wood cabinetry, and tile countertops in the kitchen and bathrooms. It is functional and move-in ready but requires modern updates to the primary systems and surfaces to reach a higher rating.
Priced at approximately $216 per square foot, this property offers significant value and affordability for a 1,700+ square foot home in the Bay Area.
The spacious floor plan includes a versatile lower level suitable for an in-law suite, guest quarters, or a home office, catering to diverse lifestyle needs.
Recent refreshments including upgraded flooring, fresh paint, new lighting fixtures, and modernized bathrooms provide a move-in-ready experience for the buyer.
The assigned public schools have low ratings, specifically a 2/10 for the middle school, which may be a deterrent for families prioritizing education.
Built in 1974, the property may require future capital expenditures for aging infrastructure or systems typical of a 50-year-old townhouse development.
Welcome to this Spacious and beautifully refreshed tri level townhome offering over 1700 sq feet of comfortable living space with a flexible floor plan. The main level features a generously sized living room w fireplace, abundant light updated flooring, fresh paint, and new lighting fixtures. The refreshed bathrooms add to the move in appeal. Enjoy 2 outdoor decks - perfect for morning coffee, or relaxing as you take in the evening sunset. The flexible layout could potentially accommodate guest quarters or an in law "TYPE" suite or home office. The two car garage provides secure off street parking. Exceptional value ideally located near San Pablo Reservoir for outdoor adventures, downtown El Sobrante for shopping and restaurants, and minutes to Orinda BART station.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades 7-8 • 1.8 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.4 |
| Square foot | 1,706 | 1,581.222 |
| Lot Size | 1,850 | 1,488.556 |
| Price | $369.0K | $634.0K |
| Price per sq ft | $216 | $426 |
| Built year | 1974 | 1992 |
| HOA | $335.0 | $375 |
| Days on market | 13 | 44 |
Aug 27, 2026
$369,000
Initial Listing