3033 Rheem Ave, Richmond, CA 94804
3033 Rheem Ave, Richmond, CA 94804
Property Description
Calling all contractors and savvy investors! Opportunity awaits you in the desirable north & east neighborhood of Richmond Ca. Bring your vision by completing the unfinished second story for additional living space or possible ADU. First floor features an updated kitchen, living room, dining area, two-bedrooms, two-bathrooms and in-unit laundry. The expansive second floor offers a rough-in, unfinished open layout, two-bedrooms, two-bathrooms and dedicated in-unit laundry room—providing an excellent opportunity to reimagine the space and create additional living area or income potential. Permits for Seismic work, plumbing, electrical, HVAC on file (Buyer to verify). Total estimated living area of approximately 2,177 sq ft, per tax records.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Richmond · Single Family Residence
Listed 35.5% below the median closed sale of $775,000. Price per sqft ($230) is a 42% discount to closed comps ($399). Closed comps sold at 108% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 160 Spears Cir | Richmond | 2007 | 4 | 3 | 2,401 | 2,600 | $291 | $699,000 | 2 | 79 |
| 5490 Lenora Rd | Richmond | 1990 | 4 | 3 | 2,425 | 5,500 | $363 | $879,900 | 65 | 71 |
| 5378 Conestoga Way | Richmond | 1988 | 4 | 3 | 2,436 | 28,152 | $414 | $1.01M | 10 | 70 |
| 4860 Reno Ln | Richmond | 1988 | 4 | 3 | 2,436 | 6,325 | $410 | $998,000 | 31 | 70 |
| 5182 Coach | Richmond | 1990 | 3 | 3 | 2,436 | 17,755 | $431 | $1.05M | 77 | 65 |
| Total: 5 · Average | 3.8 | 3.0 | 2,426.8 | 12,066.4 | $381.8 | $926,980 | 37 | |||
| Median | 2,436 | $998,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5501 Mcbryde Ave | Richmond | 1942 | 06/26/2026 | 5 | 4 | 2,113 | 4,000 | $649,000 | $785,000 | $372 | 1.21 | 36 | 84 |
| 3027 Keith Dr | Richmond | 1957 | 07/27/2026 | 4 | 3 | 1,960 | 6,000 | $724,000 | $775,000 | $395 | 1.07 | 38 | 80 |
| 3021 Glynis Dr | Richmond | 1964 | 07/22/2026 | 4 | 3 | 2,116 | 7,700 | $799,000 | $765,000 | $362 | 0.96 | 54 | 80 |
| 687 Sonoma Street | Richmond | 1951 | 05/26/2026 | 3 | 3 | 2,254 | 7,000 | $988,000 | $1.11M | $492 | 1.12 | 33 | 80 |
| 2119 Lincoln Ave | Richmond | 1941 | 05/20/2026 | 4 | 3 | 2,008 | 5,000 | $730,000 | $750,000 | $374 | 1.03 | 21 | 79 |
| Total: 5 · Average | 4.0 | 3.2 | 2,090.2 | 5,940 | $837,000 | $837,000 | $399 | — | 36.4 | ||||
| Median | 2,113 | $775,000 | $775,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.