5307-5309 Columbia - Apartments FOR SALE


Richmond, CA 94804- Southwest Annex
$1,050,000 USD
510-255-2248
5307-5309 Columbia, Richmond, CA for Sale
$1,050,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

5307-5309 Columbia
Richmond, CA 94804
Southwest Annex


HIGHLIGHTS

  • Desirable Unit Mix that Offers Long Term Investment Potential
  • (2) One Bedroom One Bathroom Units | (1) Two Bedrooms One Bathroom Unit | (1) Three Bedroom Two Bathroom Unit
  • Individually Metered for Gas, Water, and Electric
  • Each Unit Features a Private Washer and Dryer
  • On-Site Parking with Private Patio
  • Easy Access to Major Transportation, Shopping, Dining, and Local Amenities

OVERVIEW

Introducing 5307 Columbia Avenue, an exceptional four-unit investment opportunity in Richmond, California. Built in 1954, this well-maintained 3,336-square-foot multifamily property offers a desirable unit mix consisting of two one-bedroom, one-bath units, one two-bedroom, one-bath unit, and one spacious three-bedroom, two-bath unit. Designed with both tenant comfort and investor efficiency in mind, each unit features its own washer and dryer, updated cabinetry and countertops, and a private patio. The property also offers on-site parking, mature landscaping, and individual metering for water, gas, and electricity, helping to reduce operating expenses and simplify utility management. Zoned RM-1, this property presents an outstanding opportunity for investors seeking stable cash flow with long-term upside potential. Its attractive unit mix, well-maintained condition, and convenient Richmond location make it a strong addition to any multifamily portfolio. Please DO NOT DISTURB Occupants. Disclosures: https://app.disclosures.io/link/5307-Columbia-Avenue-pypwouwj SUBMIT OFFERS HERE: Offers will be reviewed upon receipt. https://app.disclosures.io/link/5307-Columbia-Avenue-pypwouwj

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$315 USD /SF

# OF UNITS

4

PRICE/UNIT

$262,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Just Listed | 6.39% CAP | 4 Units | Richmond

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,900 SF

ZONING

N/Av, Richmond

APN/PARCEL ID

510-095-013-7

ASK ABOUT THIS PROPERTY

Stephen PagonesCPG | Commercial Property GroupMore Info
510-255-2248

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Stephen PagonesCPG | Commercial Property GroupMore Info
510-255-2248

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