545 3rd St, Richmond, California 94801, Richmond, - bed, bath

home-pic
ACTIVE$460,000
545 3rd St, Richmond, California 94801
4Beds
1Bath
1,483Sqft
2,755Lot
Year Built
1914
Close
-
List price
$460K
Original List price
$460K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41106503
Home ConditionPoor
Features
View-

About this home

Tenant has been maintaining the home

Nearby schools

3/10
Peres Elementary School
Public,K-60.3mi
3/10
Lincoln Elementary School
Public,K-60.5mi
3/10
Washington Elementary School
Public,K-61.2mi
1/10
Lovonya Dejean Middle School
Public,7-81.7mi
1/10
Helms Middle School
Public,7-82.2mi
4/10
Fred T. Korematsu Middle School
Public,7-84.0mi
3/10
Richmond High School
Public,9-121.4mi
2/10
Kennedy High School
Public,9-122.3mi

Price History

Date
Event
Price
07/30/25
Listing
$460,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (51 Listings)
Beds43
75%
Baths12
38%
Square foot1,4831,200
60%
Lot Size2,7553,902
21%
Price$460K$550K
29%
Price per square foot$310$423.5
6%
Built year19149720974
13%
HOA
Days on market98176
15%
Condition Rating
Poor

Built in 1914, this property is over a century old. The single exterior image reveals significant signs of age and deferred maintenance, including faded and peeling paint, and what appear to be original or very old windows. The absence of interior photos, especially for a property of this age, strongly suggests that the kitchen, bathroom, and other major systems (electrical, plumbing, HVAC, flooring) are severely outdated and likely require substantial repairs and rehabilitation to meet current standards. While the description mentions 'Tenant has been maintaining the home,' this typically refers to basic upkeep rather than significant renovations or system replacements. The property likely needs a full overhaul to be comfortable and safe for modern living.
Pros & Cons

Pros

Generous Bedroom Count: With four bedrooms, the property offers ample space for families, guests, or flexible use such as home offices, enhancing its versatility.
Competitive Entry Price: Listed at $460,000, this 4-bedroom single-family residence presents an accessible and potentially attractive price point within the Richmond real estate market.
Excellent Elementary School Proximity: The home is conveniently located within walking distance to well-rated elementary schools, including Peres (0.28 miles) and Lincoln (0.53 miles), a significant draw for families.
Historic Architectural Potential: Built in 1914, the property possesses inherent historic character, offering a unique opportunity for buyers interested in restoration or modernization projects.
Solid Interior Square Footage: At 1483 sqft, the interior provides a comfortable and functional living area, especially considering the four-bedroom layout.

Cons

Limited Bathroom Count: The presence of only one bathroom for a four-bedroom home is a significant functional limitation and a major drawback for modern family living standards.
Advanced Age & Condition Concerns: Built in 1914, the property is over a century old, suggesting potential for outdated systems (plumbing, electrical) and the 'tenant-maintained' status implies possible deferred owner-level maintenance.
Small Lot Size: The 2755 sqft lot offers minimal outdoor space, which may not appeal to buyers desiring a larger yard, gardening area, or future expansion potential.

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