2538 Rheem Ave
Richmond, CA 94804
5 bd 3 ba 1,963 sqft Built 1951 Lot 6,510 sqft multi_family
Most recent sale
$751,000
May 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 17, 2022 | Sold | $751,000 | MLS #40987333 |
| Apr 2, 2022 | Listed | $739,000 | MLS #40987333 |
| Mar 8, 1971 | Sold | $36,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $372,483 | $424,483 | $796,966 | $14,976 |
| 2024 | $372,483 | $424,483 | $796,966 | $14,713 |
| 2023 | $358,020 | $408,000 | $766,020 | $14,314 |
| 2022 | $36,928 | $31,201 | $68,129 | $4,235 |
| 2021 | $36,204 | $30,590 | $66,794 | $4,069 |
| 2020 | $35,833 | $30,277 | $66,110 | $3,894 |
| 2019 | $35,131 | $29,684 | $64,815 | $3,773 |
| 2018 | $34,443 | $29,102 | $63,545 | $3,608 |
| 2017 | $33,768 | $28,532 | $62,300 | $3,466 |
| 2016 | $33,106 | $27,973 | $61,079 | $3,333 |
| 2015 | $32,609 | $27,553 | $60,162 | $3,225 |
| 2014 | $31,971 | $27,014 | $58,985 | $3,202 |
| 2013 | $31,827 | $26,892 | $58,719 | $3,193 |
| 2012 | $31,203 | $26,365 | $57,568 | $3,058 |
| 2011 | $30,592 | $25,849 | $56,441 | $2,893 |
| 2010 | $30,364 | $25,656 | $56,020 | $2,795 |
| 2009 | $30,437 | $25,717 | $56,154 | $2,701 |
| 2008 | $29,841 | $25,213 | $55,054 | $2,513 |
| 2007 | $29,256 | $24,719 | $53,975 | $2,405 |
Property facts
Year built
1951
Property type
multi_family
Stories
—
Beds
5
Baths
3
Living area
1,963 sqft
Lot size
6,510 sqft
ZIP code
94804
City
Richmond
Street
Rheem Ave
Coordinates
37.94965, -122.34342
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,282
Gross rental yield
10.04%
Implied cap rate
6.52%
Trend-extrapolated value
—
Frequently asked questions
When did 2538 Rheem Ave last sell?
2538 Rheem Ave most recently sold on May 17, 2022 for $751,000.
What is the current tax assessment for 2538 Rheem Ave?
The most recent total assessment for 2538 Rheem Ave (year 2025) is $796,966 with $14,976 in property tax.
How does 2538 Rheem Ave's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $751,000.
When was 2538 Rheem Ave built?
2538 Rheem Ave was built in 1951.
How does 2538 Rheem Ave compare to others on Rheem Ave?
We track 8 other properties on Rheem Ave. Browse the list under "Other properties on Rheem Ave" to compare beds, baths, and sale history.
What are the property facts for 2538 Rheem Ave?
2538 Rheem Ave is a 5 bed, 3 bath, 1,963 sqft, 6,510 sqft lot multi_family.
Is 2538 Rheem Ave a flip candidate?
No — 2538 Rheem Ave does not appear in our flips dataset.
Is 2538 Rheem Ave a tax-appeal candidate?
No — 2538 Rheem Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.7%
Implied 1-yr
-10.6%
2026 Q2
$547.5K
2026 Q3
$547.5K
ZIP 94804 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rheem Ave