263 S 47th, Richmond, California 94804, Richmond, - bed, bath
ACTIVE$665,000
263 S 47th, Richmond, California 94804
3Beds
2Baths
1,324Sqft
3,710Lot
Year Built
1965
Close
-
List price
$665K
Original List price
$665K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41088739
Home ConditionGood
Features
Patio
View-
About this home
This charming 2-story home features 3 bedrooms and 1.5 baths, plus a fully converted garage with a separate entry, kitchen, and bathroom—perfect for a rental unit, or multi-generational living. The property includes energy-efficient solar panels and a tankless water heater. Enjoy plenty of parking space with a large driveway and a fenced backyard for added privacy. Ideal for homeowners looking to live in one part of the home and rent out the other, or for an investor seeking a fully occupied property with excellent rental potential.
Price History
Date
Event
Price
03/08/25
Listing
$665,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (89 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,324 | 1,125 | 66% |
| Lot Size | 3,710 | 4,900 | 24% |
| Price | $665K | $618K | 61% |
| Price per square foot | $502 | $561.5 | 34% |
| Built year | 1965 | 9715972 | 83% |
| HOA | |||
| Days on market | 243 | 161 | 94% |
Condition Rating
Good
This property is move-in ready with significant recent updates. The converted garage unit features a very modern kitchen with glossy white cabinets, quartz-look countertops, and stainless steel appliances, along with a modern bathroom. The main kitchen also boasts updated grey shaker-style cabinets, stainless steel appliances, and a bold marble-look countertop/backsplash. Energy-efficient solar panels and a tankless water heater are excellent system upgrades. While the main bathroom's vanity appears older, and some flooring choices are not brand new, the overall condition is well-maintained and functional, aligning with a property extensively renovated within the last 5-15 years.
Pros & Cons
Pros
Income Potential / ADU: Features a fully converted garage with a separate entry, kitchen, and bathroom, offering significant potential for rental income or multi-generational living arrangements.
Energy Efficiency Upgrades: Equipped with energy-efficient solar panels and a tankless water heater, contributing to lower utility costs and a reduced environmental footprint.
Ample Parking: The property includes a large driveway, providing plenty of off-street parking space, which is a valuable amenity.
Private Outdoor Space: A fenced backyard offers added privacy and a secure area for recreation or relaxation.
Versatile Use Case: Ideal for both owner-occupants seeking supplemental income by renting out the converted unit, and investors looking for a property with excellent rental potential.
Cons
Age of Property: Built in 1965, the property may have older systems or require updates to meet contemporary aesthetic and functional preferences, potentially incurring future renovation costs.
Main House Bathroom Ratio: The main 3-bedroom home features only 1.5 bathrooms, which might be considered limited for a family or multiple occupants.
Smaller Lot Size: With a lot size of 3,710 sqft, the outdoor space is relatively compact, which may limit extensive landscaping or outdoor activity options.