615 15th St, Richmond, California 94801, Richmond, - bed, bath
ACTIVE$685,000
615 15th St, Richmond, California 94801
0Bed
0Bath
Sqft
4,850Lot
Year Built
1985
Close
-
List price
$685K
Original List price
$685K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41107252
Home ConditionFair
Features
Patio
View-
About this home
2 Story Duplex, "both units will be delivered empty" ready for you to set the rental price. or live in one rent the other. Well maintained and move in ready, built in 1985, Duplex feature spacious 2bd/1ba and 2bd/1ba units. dine-in kitchen and washer dryer hook ups, large yard, and 2 car garage, perfect Duplex for those who want a great investment opportunity with huge upside potential, large corner lot, lemon trees, grapefruit tree ,fig and others, walking distance to Bart, Cal trains station, bus route transportation, shops, restaurants.
Price History
Date
Event
Price
08/06/25
Listing
$685,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 4,850 | 5,000 | 40% |
| Price | $685K | $685K | 50% |
| Price per square foot | $0 | $0 | |
| Built year | 1985 | 1942 | 80% |
| HOA | |||
| Days on market | 91 | 159 | 20% |
Condition Rating
Fair
Built in 1985, this duplex is 39 years old. While described as 'well maintained and move-in ready,' the images reveal kitchens and bathrooms that are functional but significantly outdated in style and features. Unit 1's kitchen appears to be from an earlier era with white cabinets and laminate counters, while Unit 2's kitchen shows a slightly more recent update with darker cabinets and a mosaic backsplash, but still not modern. Both bathrooms feature older vanities and fixtures. The presence of wall heaters instead of central HVAC also indicates older systems. The property is livable and appears clean, but requires minor updates to kitchens and bathrooms to meet current aesthetic standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Exceptional Investment Opportunity: Both duplex units will be delivered vacant, allowing the new owner to set market rental prices immediately and maximize income potential, explicitly noted as having 'huge upside potential'.
Prime Location & Transit Accessibility: The property boasts an excellent location within walking distance to BART, Caltrain station, bus routes, shops, and restaurants, appealing to a wide range of tenants seeking convenience.
Well-Maintained & Move-In Ready: Described as 'well maintained and move in ready,' reducing immediate capital expenditure for the new owner and ensuring a smooth transition for tenants.
Desirable Property Features: Each unit includes a dine-in kitchen and washer/dryer hookups, complemented by a large yard, a 2-car garage, and a large corner lot, enhancing tenant appeal and convenience.
Unique Outdoor Amenities: The large corner lot features mature fruit trees (lemon, grapefruit, fig), adding a unique and attractive amenity for residents.
Cons
Potential for Dated Interiors: While 'well maintained,' the description does not indicate recent modern renovations, suggesting interiors might be dated and could require updates to achieve premium rental rates.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for tenant comfort during warmer months in California.
Age of Major Systems: Built in 1985, the property's major systems (e.g., plumbing, electrical, roof) are approaching 40 years old, potentially requiring significant capital expenditures for replacement or upgrades in the near future.