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339 S 29th St

Central Richmond · Richmond

339 S 29th St

Style

Single Family Residence

Zoning

RL2

Year built

1971

Existing

4 bd · 2 ba

Interior

1,204 sf

Lot size

5,392 sf

$549,000

For Sale

Development Scenarios

Here's how you can use existing housing laws to add more housing units to this property. For illustrative purposes only, as actual site conditions should be verified in person.

Single-Family Homes and ADUs on Separate Lots

Add 1 potential unit
$575K-$585K estimated cost
$429K-$439K future value add

Applicable but Space Constrained: ADU

Loading infill model...

Density level

Density controls will appear after the model finishes loading.

Generating the lot configuration for this scenario and density...

Financials

These estimates model the potential development economics for this scenario using local construction costs and comparable sale prices. They're provided for illustrative purposes only and aren't financial advice.

Selected ScenarioSB9
Estimated Project Cost
$1,150,784
SB9 scenario · 1 new unit · 1,350 new sf
Build Cost / SF
$
SB9 build cost$585,314
51% of project cost
Property acquisition$565,470
49% of project cost
Estimated Project Value (2 Year)
$988,170
$1,096,178 1-year project value ·
-14.1% total ROI
-$162,614 potential ROI
Added scenario value$439,170
44% of completed value
Current property value$549,000
56% of completed value
Acquisition49%
Soft Costs10%
Hard Costs41%
Value Projections
Today list price$549,000
24-month added value$439,170
24-month project value$988,170
Potential ROI-$162,614
Assumptions
Current sale / sf$456
Average sale / sf$505
Annual growth-19.7%
Comp bedrooms4
Comp radius5 miles
Price / sf sourceAverage sold comps
Added sqft1,350 sf
Cost Breakdown

Unit Economics
Original Property
Acquisition only
Build New Homes
Soft + hard costs
All-In
Total project
# of original homes
N/A
# of new homes
1
Total homes
1
Per Home
N/A
Per Home
$585K
Per Home
$1.15M
# of original sq ft
1,204
# of new sq ft
1,350
Total sq ft
2,554
Per Sq Ft
N/A
Per Sq Ft
$434
Per Sq Ft
$451
Total
$565K
Total
$585K
Total
$1.15M
Financing Estimate
Construction Loan

Estimate construction proceeds, cash required, and interest-only payments.

Construction Estimate
Loan Proceeds
Construction basis
Soft + hard costs
$585K
Loan proceeds
65% loan-to-cost
$380K
Cash required
Unfinanced development cost
$205K
Monthly payment
Interest-only estimate
$3K

Timeline

Typical project phasing based on the selected scenario, density, and generated development scope.

Estimated Total Duration

15 months

SB9

Design

Concept design, site planning, and early coordination.

2 months

Month 1 - Month 2

Permitting

Planning review, entitlement approvals, and building permits.

4 months

Month 3 - Month 6

Site Work

Utility coordination, grading, and site preparation.

2 months

Month 7 - Month 8

Construction

Vertical construction through final inspection.

7 months

Month 9 - Month 15

Property Overview

MLS: bridgeMLS

Property information from bridgeMLS

Listed by Miguel Hinojosa · Margarita Mino Realty & Loans

bridgeMLS © 2026. Information Deemed Reliable but not Guaranteed. This information is being provided by bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 6, 2026 at 9:28 PM PDT.

Location

Data from Type Five
Jurisdiction
Richmond
Zoning
RL2
Overlay Districts
None
Climate Zone
Zone 3
Transit Access (1/2 mi)
Yes (Cutting Blvd & Spring St)

Natural Hazards

Data from Type Five
Flood Zone
X
Liquefaction Risk
Yes
Landslide Risk
No
Fault Zone
No

Fire Risk

Data from Type Five
Fire Hazard Zone
NOT IN A VHFHSV
Fire Responsibility
LRA
Wildfire Protection Req.
No
339 S 29th St, Richmond Infill Potential — Infillworks