617 16th St, Richmond, CA 94801
List Price: $650,000
On market
On marketJul 8, 20253,013 sqft6 beds0 baths
Listed by: Ethan Berger
License #: 01868467
Phone #: 925-588-9740
NAI Northern California
Source:
MLS #: 41103938
Property Description
Experience an exceptional investment opportunity with this meticulously maintained multifamily property in Richmond, CA. This garden-style building offers two spacious 3b/2ba & 3b/1.5ba units with hardwood floors, tiled bathrooms, wood cabinetry, and washer/dryers in the back. Upside in the rents! TENANTS PAY ALL UTILITIES! Built in 1991 and zoned RM2, this property is immaculately presented, with 100% occupancy providing a steady income stream from day one. The prime Richmond location offers convenient access to local amenities and transportation routes, catering to the modern investor's needs. With a strong rental history and well-maintained grounds, this property represents a sound choice for discerning multifamily investors seeking long-term value and reliability.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$11,811
TurboHome Estimated Value
$718,700
$239 sqft
High Valuation
$754,635
$250/sqft
Normal Valuation
$718,700
$239/sqft
Low Valuation
$682,765
$227/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $239/sqft | $718,700 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
Loading map...
No comparable properties found in this area.
Nearby Listings
No similar properties found in the area
Looking for properties within 5 miles with similar price and features
How it Works
1
Meet your local TurboHome agent
We match you with an in-house licensed real estate agent who knows your market
2
We support your home-buying journey
Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3
You get big savings
You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
