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Listed by: Conner Applegate (925) 726-7120 DRE #01938041 | Conner Applegate, Broker (925) 726-7120
$959,000
8 Beds
- 4 Baths
--sqft
501 S 30Th St, Richmond, CA 94804
$959,000
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Quadruplex
Built in 1965
$-- HOA
6,400 sqft lot
--/sqft
Description
Well-maintained 4-unit complex with significant upside potential. All units rent below market, with three substantially under area rates. The property features four larger-than-average units that are two bedroom one bath each, four detached covered parking garages that could be converted to ADUs under new state overlay, and a spacious backyard suitable for additional ADU development. Fully occupied with strong rental demand. Recent upgrades include new roofs, one remodeled unit, interior wall insulation, flooring, stucco & window upgrades. Laundry hookups available for coin/card-op conversion. See current cap rate 6.09 and proforma 9.14%, view in disclosure packet. Low 3...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
- sqft
Lot Size
6,400 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41117746
MLS Status
Active
Days on Market
18
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