141145 Eddy Street, Richmond, California 94801, Richmond, - bed, bath
ACTIVE$825,000
141145 Eddy Street, Richmond, California 94801
0Bed
0Bath
2,238Sqft
3,720Lot
Year Built
1904
Close
-
List price
$825K
Original List price
$825K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024781
Home ConditionFair
Features
Good View:
Deck
Patio
View-
About this home
This well maintained duplex is located in a quite neighborhood of Point Richmond, conveniently situated near freeway access. Front unit offers 2 spacious bedrooms and 2 baths. The rear unit is a spacious 1 Bedroom 1 Bath with a beautiful view. Each unit is rented providing immediate cash flow for an investor.
Price History
Date
Event
Price
10/14/25
Listing
$825,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,238 | 0 | 0% |
| Lot Size | 3,720 | 5,000 | 20% |
| Price | $825K | $750K | 60% |
| Price per square foot | $369 | $0 | 80% |
| Built year | 1904 | 1919 | 20% |
| HOA | |||
| Days on market | 22 | 159 | 20% |
Condition Rating
Fair
The property, built in 1904, shows signs of being well-maintained with some updated features like hardwood floors and recessed lighting in living areas. However, the bathrooms and visible kitchenettes are significantly dated in style and features, likely from renovations 15-30 years ago. They are functional but would require minor updates to meet current aesthetic and quality standards, aligning with the 'fair' condition criteria for an aged but maintained property.
Pros & Cons
Pros
Immediate Cash Flow: Both units are currently rented, providing immediate and consistent cash flow for an investor from day one.
Residential Income Property: As a duplex, this property offers the inherent advantage of generating rental income, making it an attractive investment opportunity.
Well-Maintained Condition: The property is described as 'well maintained,' suggesting a good state of repair and potentially lower immediate maintenance costs for the buyer.
Desirable Location: Situated in a quiet neighborhood of Point Richmond with convenient freeway access, enhancing tenant appeal and property value.
Scenic View: The rear unit boasts a beautiful view, which can command higher rental rates and increase tenant satisfaction.
Cons
Historic Property Age: Built in 1904, the property's age may imply potential for aging infrastructure (e.g., plumbing, electrical, foundation) and higher long-term maintenance or upgrade costs.
Lack of Detailed Modern Upgrades: While 'well maintained,' the description does not specify recent major system renovations or aesthetic updates, which might be necessary to meet modern tenant expectations or reduce future capital expenditures.
On-Market Date Discrepancy: The listed 'on_market_date' of 2025-10-14 for an 'Active' listing is a significant data inconsistency that requires clarification and could cause confusion for potential buyers.