$735,000
●
House -
Off Market
1541 Merced Street
Richmond, CA 94804
2 Beds
1 Bath
951 Ft²
$3,560
Est. Monthly
About This Property
1541 Merced St is a fully remodeled Richmond Annex gem where
thoughtful design meets everyday comfort. Renovated with permits,
this move-in ready home features a bright, open layout with updated
flooring, recessed lighting, and a cozy wood-burning fireplace. The
modern kitchen shines with sleek quartz countertops, soft-close
cabinetry, energy-efficient appliances, and elegant gold finishes.
The stylish bathroom offers double sinks and a split shower behind
a sliding barn door. Both spacious bedrooms provide peaceful
retreats with peek-a-boo views of the San Francisco skyline and
Golden Gate Bridge. Other updates include a mini-split heating
system and a tankless water heater for year-round efficiency. The
private backyard is perfect for entertaining, gardening, or
exploring ADU potential. Ideally located near El Cerrito BART,
freeway access, well-regarded El Cerrito schools, and local
favorites like Point Isabel, El Cerrito Natural Grocery, Ranch 99
mall, Costco, and the Farmers Market - this is East Bay living at
its finest.
Unit Size
951 Ft²
Days on Market
69 days
Land Size
0.08 acres
Price per sqft
$762
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (bridgeMLS/CCAR/Bay East AOR #41106760)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Price Decreased |
$725,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by BHG Reliance Partners | $745,000 | |
| Listed by BHG Reliance Partners | |||
| May 23, 2025 | Listed | $698,000 | |
| Listed | |||
| | |||
|
Open late until 5pm this Sunday, 6/29, 2 to 5pm. Impeccably remodeled, 1541 Merced St is a Richmond Annex gem that blends modern comfort with timeless charm. Fully renovated with permits and boasting excellent curb appeal behind a cheerful yellow door, this home welcomes you into a bright open layout with new flooring, recessed lighting, and a cozy wood-burning fireplace. The stylish kitchen features sleek quartz countertops, energy-efficient appliances, soft-close cabinetry, and elegant gold fixtures throughout. An updated bath behind a barn door offers double sinks and a split shower, while two spacious bedrooms provide peaceful retreats—one with stunning views of San Francisco and the Golden Gate Bridge. The private backyard offers room to entertain, garden, expand, or explore ADU potential. Other updates include mini-split heating and tankless water heater. Located near El Cerrito BART, freeway access, top-rated El Cerrito schools, and local favorites like Point Isabel, El Cerrito Natural Grocery, Ranch 99, Costco, and the Farmers Market. Stylish, convenient, and full of potential - come make 1541 Merced St your home today.
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Richmond Annex
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Listed by: Derek Han, BHG Reliance Partners
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41106760
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 41106760
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