Richmond, CA 94801,854 7Th St
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Richmond, CA 94801,854 7Th St
Richmond, CA 94801,854 7Th St
Richmond, CA 94801,854 7Th St
Richmond, CA 94801,854 7Th St

$860,000

Est. payment /mo

$888,000

3.2%
Est.Price: ?

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854 7Th St Richmond, CA 94801

3,998 Sqft Lot

SOLD DATE : 05/27/2024

Key Details

Sold Price $860,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41057359

Sold Date 05/27/24

HOA Y/N No

Year Built 1917

Lot Size 3,998 Sqft

Property Description

Fourplex will be delivered to buyer with 3/4 units year long leases in place at the close of escrow, at the moment we are doing drive by viewings only subject to inspection. Currently listed at a 7.02% Cap rate with proforma of 8.46%. This parcel is comprised of four 2-bed 1-bath units providing 8 bedrooms and 4 bath for a family buying, house hacker getting into their first unit, or an investor getting of an investor to cashflow the units. Email listings agent for questions and financials. Disclosures in link. One unit could be delivered vacant upon request for buyer. Great opportunity for potential ADU for homeowners & investors alike. Possible seller carry on a small portion of the loan.

Location

State CA

County Contra Costa

Interior

Heating Electric

Flooring Carpet, Laminate, Tile

Fireplace No

Exterior

Parking Features On Street

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description Back Yard

Sewer Public Sewer

Others

Tax ID 5340230266

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Conner Applegate • Conner Applegate, Broker
Bought with Robert M. Balina • Synergize Realty
agent

Tony Choi

President / Broker | License ID: 01783581

+1(949) 992-8199

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