Property Description
www.449S19th.com; Large 4-unit apartment complex with strong current income and excellent rental upside. The unit mix is ideal and offers four 2bd/1bth units with a nice backyard area and four off-street parking spaces. The property was originally built in 1959, offers approximately 3,240 square feet of rental space, and sits on a 5,540 square foot lot. The property is separately metered for water and PG&E providing for low annual operating expenses. The building is 100% occupied with nice stable tenants that are easy to manage. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is a perfect opportunity for an owner-occupant or an investor seeking great cash flow in a quiet neighborhood. This is an attractive Richmond location near numerous restaurants and shopping centers with easy access to public transportation and multiple major freeways. The neighborhood is family-focused with many single-family homes making this a high demand location for tenants.
Get a detailed valuation report, schedule a tour or make an offer!
“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
$14,814
TurboHome Estimated Value
$941,300
$291 sqft
High Valuation
$988,365
$305/sqft
Normal Valuation
$941,300
$291/sqft
Low Valuation
$894,235
$276/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $291/sqft | $941,300 |
Get a detailed valuation report, schedule a tour or make an offer!
“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
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