620 Golden Gate, Richmond, California 94801, Richmond, - bed, bath
ACTIVE$1,800,000
620 Golden Gate, Richmond, California 94801
0Bed
0Bath
Sqft
5,296Lot
Year Built
1957
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41113222
Home ConditionGood
Features
Excellent View: Bay, Bridge(s)
Deck
ViewBay, Bridge(s)
About this home
Updated pricing! We are excited to present 620 Golden Gate, a high cashflow 4-unit in the highly sought after Point Richmond neighborhood. This rare opportunity has been meticulously maintained by current ownership boasting a new roof, seismic upgrades, recently replaced and AB-721 compliant front deck, four remodeled units with new plumbing, electrical, granite counter tops, dishwashers and laundry in all units. With separate meters for water, gas and electric, the property operates with lower expenses and future HOA costs under a condo-conversion scenario. The upper units boast panoramic views of the SF, Angel Island, Marin and the Golden Gate bridge. This is truly a must see!
Nearby schools
3/10
Washington Elementary School
Public,•K-6•0.7mi
4/10
Fred T. Korematsu Middle School
Public,•7-8•5.1mi
2/10
Kennedy High School
Public,•9-12•3.4mi
Price History
Date
Event
Price
09/30/25
Listing
$1,800,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 5,296 | 5,000 | 80% |
| Price | $1.8M | $750K | 80% |
| Price per square foot | $0 | $0 | |
| Built year | 1957 | 1942 | 60% |
| HOA | |||
| Days on market | 35 | 158 | 20% |
Condition Rating
Good
The property, built in 1957, has undergone extensive renovations as stated in the description, including new plumbing, electrical, granite countertops, dishwashers, laundry in all units, a new roof, seismic upgrades, and a recently replaced deck. The images confirm a move-in ready condition with hardwood floors, modern light fixtures in living areas, and clean, functional spaces. While the kitchen features granite countertops, the black appliances and the specific style of the bathroom (pedestal sink, tile pattern, wall sconce) suggest a renovation that is likely within the 5-15 year range rather than a brand-new, cutting-edge update within the last 5 years. All major systems appear well-maintained and functional, aligning perfectly with the 'Good' score criteria.
Pros & Cons
Pros
High Cashflow Potential: Explicitly marketed as a 'high cashflow 4-unit,' indicating strong income generation potential for investors.
Extensive Recent Renovations & Upgrades: The property boasts significant recent improvements including a new roof, seismic upgrades, a new AB-721 compliant front deck, and all four units remodeled with new plumbing, electrical, granite countertops, dishwashers, and in-unit laundry, minimizing immediate capital expenditures.
Panoramic Bay Area Views: The upper units offer stunning panoramic views of San Francisco, Angel Island, Marin, and the Golden Gate Bridge, significantly enhancing desirability and market value.
Desirable Neighborhood: Located in the 'highly sought after Point Richmond neighborhood,' suggesting strong demand, community appeal, and potential for property value appreciation.
Operational Efficiency & Condo Conversion Potential: Separate meters for water, gas, and electric contribute to lower operating expenses, and the AB-721 compliant deck supports future condo-conversion possibilities, offering flexibility for the owner.
Cons
Age of Building: Built in 1957, despite extensive renovations, the underlying structure is older, which could potentially lead to unforeseen maintenance issues not covered by recent upgrades.
Limited Parking Information: The property description does not specify parking availability for a 4-unit building, which can be a significant concern for tenants and owners in a dense neighborhood.
Mixed School Ratings: While schools are available, the ratings for nearby public schools (e.g., Kennedy High at 2, Washington Elementary at 3) are not top-tier, which might be a consideration for prospective tenants or buyers with school-aged children.