501 S 30th St - Apartments FOR SALE


Richmond, CA 94804- Cortez-Stege
$949,000 USD
925-726-7120
501 S 30th St, Richmond, CA for Sale
$949,000 USD
Apartments - FOR SALE
1/24
null | 6.15% Cap Rate

501 S 30th St
Richmond, CA 94804
Cortez-Stege


HIGHLIGHTS

  • Building is fully occupied.
  • Each unit comes with a designated detached covered parking garage.
  • New roof on property and garage.

OVERVIEW

Very will maintained 4 unit complex with huge upside potential. All 4 rents are below market and 3 of the 4 are extremely lower than going average rate for the area, large upside potential. Unit sizes are larger than other similar structures in the area. Also each unit comes with a designated detached covered parking garage which could be made into 2 JDU's and a large open backyard that could also fit an ADU. The building is fully occupied at the moment and is always easy to rent. New roof on property and garage just recently installed. Proforma Cap Rate in disclosure packet. Owner also has a coin op shared laundry onsite. Reach out to listing agent for more info.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$303 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,250

CAP RATE

6.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,400 SF

ZONING

C-2

APN/PARCEL ID

549-192-011-1

ASK ABOUT THIS PROPERTY

Conner ApplegateApplegate Inc.More Info
925-726-7120

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Conner ApplegateApplegate Inc.More Info
925-726-7120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.