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1300 Costa Ave
Richmond, CA 94806
Multifamily Property For Sale
·
18 Units
Property Facts
| No. Units | 18 | Building Size | 15,546 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1984 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 0.54 AC | ||
| Zoning | R2 | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 15,546 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1984 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | R2 |
Amenities
Unit Amenities
- Balcony
- Storage Space
Site Amenities
- Laundry Facilities
About 1300 COSTA AVE , RICHMOND, CA 94806
Large 18-unit multi-family investment opportunity with additional upside to achieve a market cap rate in excess of 8.85%. This building consists of (15) 2 Bed, 1 Bath and (3) 1 Bed, 1 Bath with ample surface lot and covered parking for each tenant. The owner leases the laundry and collects on average an additional $850 in revenue as well as storage units which are leased for $25 per. ****HUGE UPSIDE POTENTIAL!****
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 750 |
| 2+1 | 15 | - | 875 - 900 |
Property Taxes
| Parcel Number | 530-070-022-5 | Improvements Assessment | $1,722,491 |
| Land Assessment | $1,640,468 | Total Assessment | $3,362,959 |
Property Taxes
Parcel Number
530-070-022-5
Land Assessment
$1,640,468
Improvements Assessment
$1,722,491
Total Assessment
$3,362,959
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