245 24th St, Richmond, CA 94804
CENTRAL RICHMOND · Contra Costa County
Key Facts
Description
This property offers a compelling urban infill opportunity combining immediate functionality with long-term redevelopment upside. From a development standpoint, the site is positioned within Richmond's CM-5 / T5 Core (confirmed with City of Richmond) zoning, which supports higher-density mixed-use projects. Based on feasibility analysis, the property may support: ~ Entry-level development scenarios of approximately 4-6 residential units ~ Higher-density mixed-use development potential (up to ~40 units per acre) depending on design, approvals, and city requirements (buyer to verify) Existing auto body infrastructure in place designed for efficient multi-stage workflow (prep, body, paint, finish), supports immediate occupancy or lease-up for an automotive operator. The grandfathered paint booth and supporting systems create an opportunity for near-term income or operational value while preserving future redevelopment optionality.
Property Information
Property Type
Business Opportunity
Sub-Type
Business
Year Built
1947
Living Area
4,000 sq ft
Lot Size
0.01 acres
Zoning
CM5
Days on Market
7
MLS® Listing#
41133471
Property Features
Parking
Lot Features
Construction
Financial Details
HOA
None
Parcel Number
515281005
Affordability Calculator
$260,000
Estimated monthly payment
$6,919/mo
Principal $1,040,000 · Est. interest $1,450,893 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Richmond, CA
- $606,557
- Median Listing Price
- 35
- Median Days on Market
- 1,229
- Median Sq Ft
- $454
- Median Price / Sq Ft
- 272
- Active Listings
- This home’s price is 114% above the area median.
- Its price per sq ft is 28% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Richmond, CA.
Location
Points of Interest in Richmond, CA
Showing the Richmond area map.
Nearby Schools
St Cornelius Catholic School
School · 0.3 mi away
Manzanita Charter Middle School
Secondary · 0.5 mi away
Coronado Elementary School
Elementary · 0.5 mi away
Grant Elementary School
Elementary · 0.5 mi away
Lovonya Dejean Middle
Secondary · 0.6 mi away
Icri El Nuevo Mundo Children's Center
School · 0.6 mi away
West Contra Costa Unified School District
Secondary · 0.6 mi away
William's & Brown Academy
School · 0.7 mi away
Elim Christian School
School · 0.7 mi away
Baby Penguin's Day Care
School · 0.7 mi away
Richmond Children's Academy
School · 0.8 mi away
Richmond College Prep
Primary School · 0.8 mi away
New Faith Christian Academy
School · 0.8 mi away
Dycus Academy
School · 0.8 mi away
Leadership Public School
Secondary · 0.8 mi away
Nystrom Elementary School
Elementary · 0.8 mi away
Sylvester Greenwood Academy
School · 0.8 mi away
Chavez Elementary School
Elementary · 0.9 mi away
Gompers High School
Secondary · 0.9 mi away
JC Hawkins Christian School
School · 0.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 100 s 21st street, Richmond, CA | $930,000 | 6 | — | 3,288 |
| 100 s 21st street, Richmond, CA | $930,000 | — | — | — |
| 6830 Del Monte Ave, Richmond, CA | $949,000 | 3 | 3 | 1,124 |
| 6830 Del Monte Ave, Richmond, CA | $949,000 | 3 | 3 | 1,124 |
| 25 Farallon Ct, Richmond, CA | $949,000 | 3 | 3 | 1,449 |
| 25 Farallon Ct, Richmond, CA | $949,000 | 3 | 3 | 1,449 |
Moving Cost Estimate
EXIT Agents in Richmond
Listing Courtesy: eXp Realty of SoCal, Inc. - 8882951415
Presented by: Amy Berry
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.