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(626) 893-2817
Gilbert Garcia
512 S 16th St, Richmond, CA 94804
- $1,100,000
- List Price
- $1,100,000
- Price Change
- ▼ $20,000 1791309154
- Status
- ACTIVE
- MLS#
- 41149226
- Year Built
- 1964
- Lot Size
- 8,010
- Acres
- 0.18
- Lot Location
- Street Level
- Days on Market
- 34
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Neighborhood
- Richmond
Property Description
512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.
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Additional Information
- Appliances
- Gas Water Heater, Dryer, Washer
- Heat
- Natural Gas
- Cooling
- Yes
- Exterior Construction
- Brick, Stucco
- Roof
- Shingle
- Attached Structure
- Detached
- Number Of Units Total
- 6
Listing courtesy of Listing Agent: Brandon Payton (brandon@brandonpayton.com) from Listing Office: Christie's Int'l RE Sereno.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.