420 S 38th St, Richmond, California 94804, Richmond, - bed, bath

home-pic
ACTIVE$475,000
420 S 38th St, Richmond, California 94804
3Beds
1Bath
874Sqft
2,500Lot
Year Built
1955
Close
-
List price
$475K
Original List price
$510K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41111267
Home ConditionExcellent
Features
Patio
View-

About this home

Why settle for a condo when you can enjoy the comfort, privacy, and independence of a full single-family home? Discover 420 S 38th Street, a beautifully updated mid-century bungalow in Richmond’s North & East neighborhood, right on the El Cerrito border. This light-filled 3BD/1BA home features an airy open layout with recessed lighting, a neutral palette, and seamless flow between living spaces. The renovated kitchen boasts white cabinetry, designer tile backsplash, sleek countertops, and stainless steel appliances, while the updated bathroom offers contemporary finishes. Low-maintenance yards provide space to relax or entertain. Conveniently located near Shields-Reid Park, Point Isabel, El Cerrito Plaza, and Berkeley’s 4th Street District, with easy access to I-80/580 and just 7 minutes to El Cerrito del Norte BART, this move-in ready home combines comfort, style, and commuter convenience. Qualified buyers may be eligible for a special financing program offering a low 3% down payment, reduced interest rate, and waiver of mortgage insurance with no first-time buyer requirement.

Price History

Date
Event
Price
10/09/25
Price Change
$475,000-5.0%
10/02/25
Price Change
$499,999-2.0%
09/11/25
Listing
$510,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (89 Listings)
Beds33
50%
Baths12
47%
Square foot8741,123
18%
Lot Size2,5004,900
11%
Price$475K$609K
12%
Price per square foot$543$561.5
46%
Built year19559715972
70%
HOA
Days on market55159
4%
Condition Rating
Excellent

Despite being built in 1955, this property has undergone an extensive and high-quality renovation, particularly evident in the kitchen and bathroom. The kitchen features new white shaker cabinetry, sleek grey countertops, a modern mosaic tile backsplash, and stainless steel appliances. The bathroom boasts contemporary large-format tile, modern fixtures, and a clean aesthetic. Throughout the home, there's recessed lighting, fresh paint, and well-maintained hardwood and tile flooring. The description explicitly states 'beautifully updated' and 'move-in ready,' aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years, where components are virtually new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Modernized Interior: The home features a beautifully updated mid-century bungalow style with an airy open layout, recessed lighting, a neutral palette, and seamlessly flowing living spaces, including a renovated kitchen with stainless steel appliances and an updated bathroom.
Strategic Location & Accessibility: Situated on the El Cerrito border, the property offers convenient access to local parks (Shields-Reid, Point Isabel), shopping (El Cerrito Plaza, Berkeley’s 4th Street), major freeways (I-80/580), and public transit (7 minutes to El Cerrito del Norte BART).
Move-In Ready Condition: Described as a 'move-in ready' home, it minimizes immediate renovation or repair needs for the new owner, offering immediate comfort and style.
Single-Family Home Advantage: Provides the comfort, privacy, and independence of a full single-family home, explicitly highlighted as a superior alternative to condominium living.
Attractive Financing Option: Qualified buyers may be eligible for a special financing program offering a low 3% down payment, reduced interest rate, and waived mortgage insurance, without a first-time buyer requirement.

Cons

Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be inconvenient for families or multiple residents.
Compact Living & Lot Size: With 874 sqft of living space and a 2500 sqft lot, the property offers relatively compact dimensions for a 3-bedroom single-family home.
Recent Price Reductions: The listing has undergone multiple price reductions from its original $510,000 to the current $475,000, potentially indicating initial overpricing or market resistance.

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