54 Railroad Ave, Richmond, California 94801, Richmond, - bed, bath
ACTIVE$1,350,000
54 Railroad Ave, Richmond, California 94801
10Beds
2Baths
3,361Sqft
4,000Lot
Year Built
1961
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41096600
Home ConditionPoor
Features
Deck
View-
About this home
**Current office building with potential single-family or small multi-family conversion** Charming, light-filled office building featuring some privates with direct access to front garden or rear decks. Great for single-tenant identity or can easily allow for two separate spaces. Both floors have bathrooms, reception areas, and dedicated rooms for kitchenettes. Private offices are spacious, and all offer natural light. Plenty of easy off-street parking across the street. Just a quick walk through the neighboring breezeway to the businesses and eateries in the heart of Point Richmond. Matterport Virtual Walk-Through available through this link: https://my.matterport.com/show/?m=Bt3FeMzzuXr
Price History
Date
Event
Price
05/13/25
Listing
$1,350,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (51 Listings) | |
|---|---|---|---|
| Beds | 10 | 3 | 98% |
| Baths | 2 | 2 | 50% |
| Square foot | 3,361 | 1,200 | 90% |
| Lot Size | 4,000 | 4,000 | 50% |
| Price | $1.35M | $554K | 88% |
| Price per square foot | $402 | $423.5 | 35% |
| Built year | 1961 | 9740977 | 62% |
| HOA | |||
| Days on market | 175 | 176 | 50% |
Condition Rating
Poor
The property, built in 1961, is currently configured as an office building. While it appears maintained for its current use, its 'potential single-family or small multi-family conversion' highlights significant deficiencies for residential living. The 'kitchenettes' are extremely basic, consisting only of a sink and counter, and would require substantial rehabilitation to install functional residential kitchens. The two bathrooms are functional but basic and dated in style, also necessitating updates for residential appeal. The mixed flooring includes dated carpet and tile. Given the age of the building and the extensive work required to convert it into a livable residential property with proper kitchens, it falls into the 'Poor' category, requiring substantial repairs and rehabilitation for its intended future use.
Pros & Cons
Pros
Versatile Conversion Potential: The property offers significant flexibility for conversion into single-family or small multi-family residences, appealing to investors and developers seeking adaptive reuse opportunities.
Prime Walkable Location: Situated in the heart of Point Richmond, with quick access to local businesses and eateries, enhancing lifestyle and potential rental appeal for future residential units.
Flexible Interior Layout: Designed with private offices, reception areas, and kitchenettes on both floors, allowing for easy adaptation into multiple residential units or a spacious single-family home.
Abundant Natural Light: Described as 'light-filled' with all private offices offering natural light, contributing to a pleasant and inviting atmosphere that would translate well to residential living.
Convenient Off-Street Parking: The availability of 'plenty of easy off-street parking' across the street is a valuable asset, especially in a commercial/mixed-use area, adding significant convenience.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3361, other record living area = 2540.
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4000, living area = 3361.
Significant Conversion Investment Required: As an existing office building, substantial renovation, design changes, and potential zoning adjustments will be necessary for residential conversion, incurring considerable cost and time.
Outdated Infrastructure (Implied): Built in 1961, the property may have older infrastructure and design elements that would require modernization to meet contemporary residential standards and preferences, adding to renovation expenses.
Lack of Immediate Residential Functionality: The current layout and amenities are geared towards office use, meaning it lacks immediate residential features like dedicated bedrooms, living areas, and a fully equipped residential kitchen, requiring a complete overhaul.