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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

Unlisted

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
$602K-$616K future value add

Applicable but Space Constrained: ADU

Demolishing the existing structure may create a viable configuration
Loading infill model...

Density level

Density controls will appear after the model finishes loading.

You can demo a structure as long as its vacant / condemned / owner-occupied, has been off the rental market for 5 years, and has no Ellis act evictions in the past 15 years.

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)
$1,164,573
1.2% total ROI
$13,789 potential ROI
Added scenario value$615,573
53% of completed value
Current property value$549,000
47% of completed value
Acquisition49%
Soft Costs10%
Hard Costs41%
Value Projections
Today estimate$549,000
Scenario added sqft$615,573
Completed value$1,164,573
Potential ROI$13,789
Assumptions
Current value / sf$456
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
HELOC

Estimate available equity and interest-only payments for funding the build.

HELOC Estimate
Available Equity
Estimated current value
Internal current-value baseline
$549K
Max HELOC
80% CLTV minus mortgage balance
$110K
Requested HELOC
Capped by available equity
$110K
Monthly payment
Interest-only estimate
$548

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 September 11, 2026 at 3:12 PM PDT.

Location

Data from Type Five
Jurisdiction
Richmond
Zoning
RL2
Overlay Districts
None
Climate Zone
Zone 3
Transit Access (1/2 mi)
No

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.
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339 S 29th St, Richmond Infill Potential — Infillworks