Bought with John Chau • Rational Real Estate
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Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,652 sqft
Price per Sqft $176
Subdivision North Richmond
MLS Listing ID 41023608
Sold Date 06/08/23
HOA Y/N No
Originating Board CONTRA COSTA
Year Built 1957
Lot Size 10,000 Sqft
Property Description
Two side by side 4 unit apartment buildings located at 221-235 Sanford Avenue, Richmond, CA. Total of 8 apartment units. All units are 2-bedrooms and 1-bath. Rents are considerably below market. Total monthly rent for both buildings is $8,350.00 or $100,200 annually. Operation of the property is subject to the provisions of the Richmond Fair Rent, Just Cause Eviction and Homeowner Protection Ordinance. Upside rent potential upon voluntary vacancies. Gas, electric and water are on separate meters and paid by the tenants.
Location
State CA
County Contra Costa
Interior
Heating Natural Gas
Cooling None
Flooring Vinyl, Carpet, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Type Carports - 2 Or More, Assigned
Building
Lot Description Level
Water Public
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