Richmond, CA 94804,501 S 30Th St
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Richmond, CA 94804,501 S 30Th St
Richmond, CA 94804,501 S 30Th St
Richmond, CA 94804,501 S 30Th St
Richmond, CA 94804,501 S 30Th St
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$ 959,000
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501 S 30Th St Richmond, CA 94804

8 Beds

3,212 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,212 sqft

Price per Sqft $298

Subdivision Richmond

MLS Listing ID 41117746

Bedrooms 8

HOA Y/N No

Year Built 1965

Lot Size 6,400 Sqft

Acres 0.15

Property Sub-Type Quadruplex

Property 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% interest rate avalible for investors with large downpayment. Contact listing agent for details.

Location

State CA

County Contra Costa

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Laminate, Tile

Fireplace No

Laundry Coin Operated, Laundry Room

Exterior

Exterior Feature Back Yard, Front Yard

Handicap Access Other

Building

Lot Description Corner Lot

New Construction No

Others

Tax ID 5491920111


Bridge MLS
Listed by Conner Applegate • Conner Applegate, Broker
Sandra Lucas

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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501 S 30Th St