258 Willard Ave, Richmond, California 94801, Richmond, - bed, bath
ACTIVE$1,500,000
258 Willard Ave, Richmond, California 94801
0Bed
0Bath
1,598Sqft
5,000.69Lot
Year Built
2022
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25213720
Home ConditionPoor
Features
Deck
Patio
View-
About this home
Endless potential in Richmond! This permitted two-unit property is already 75% complete and ready for the right buyer to bring it across the finish line. The spacious 1,700 sq. ft. main home offers 4 bedrooms and 1.5 baths, while the brand-new 2-story ADU (approx. 800 sq. ft.) features 2 bedrooms and 1.5 baths — perfect for rental income, multi-generational living, or a variety of investment uses.
Nearby schools
2/10
Verde Elementary School
Public,•K-6•0.7mi
1/10
Helms Middle School
Public,•7-8•1.6mi
3/10
Richmond High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
09/12/25
Listing
$1,500,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,598 | 0 | 0% |
| Lot Size | 5,001 | 5,000 | 60% |
| Price | $1.5M | $750K | 80% |
| Price per square foot | $939 | $0 | 80% |
| Built year | 2022 | 1942 | 80% |
| HOA | |||
| Days on market | 54 | 159 | 20% |
Condition Rating
Poor
Despite being built in 2022, the MLS description explicitly states the property is '75% complete' and requires the buyer to 'bring it across the finish line.' The provided images confirm this, showing unfinished interiors with exposed framing, wiring, and incomplete drywall. There are no finished kitchens or bathrooms to assess. While the underlying construction is new, its current state is uninhabitable and requires substantial completion work, aligning with the 'poor' condition criteria of needing 'substantial repairs and rehabilitation' to be livable.
Pros & Cons
Pros
Income-Generating Duplex: Features a main home and a brand-new, permitted 2-story ADU, offering significant rental income potential or multi-generational living options.
Modern Construction (2022): Built in 2022, ensuring contemporary design, adherence to current building codes, and potentially lower immediate maintenance requirements.
Permitted Development: The two-unit property is fully permitted, providing legal assurance and reducing future regulatory hurdles for the buyer.
Substantial Living Space: The main home offers a generous 1,700 sq. ft. with 4 bedrooms, accommodating larger families or providing ample room.
Versatile Investment: Ideal for various investment strategies, including rental income, owner-occupancy with supplemental income, or a fix-and-finish for a developer.
Cons
Incomplete Project: The property is only 75% complete, necessitating significant additional investment, time, and effort from the buyer to finalize construction.
Niche Buyer Pool: The unfinished nature targets a specific buyer demographic, primarily those with construction experience, capital, or a development mindset.
Uncertainty in Completion: Finishing a partially built project carries inherent risks of cost overruns, unforeseen complications, and potential delays in project completion.