171 22nd St | Richmond, CA 94801
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- LoopNet Team
171 22nd St
Richmond, CA 94801
6.11% Current Cap & Rental Upside · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Excellent Unit Mix Comprised of Four 2bd/1bth Units, Two 1bd/1bth Units and One Studio-All With Significant Rental Upside
- On Site Coin Operated Laundry Facility Which Is an Added Amenity for the Tenants and Provides Additional Income
- Well Located Near Several Popular Shopping and Dining Locations and With Easy Access to Both I-80 and I-580
- Aesthetically Pleasing 1950's Building on a Large Lot With Ample Parking & Surrounded by a Security Gate
- 150 SqFt, Unused Office Space Which Could be Used for Storage, Connection to Another Unit, or a Non Conforming Unit
PROPERTY FACTS
| No. Units | 7 | Building Size | 4,082 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Building Class | C | Parking Ratio | 2.42/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | R-50, Richmond | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 4,082 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 2.42/1,000 SF |
| Zoning | R-50, Richmond |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 1+1 | 2 | - | - |
| Studios | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 514-010-014-9 | Improvements Assessment | $876,769 |
| Land Assessment | $460,033 | Total Assessment | $1,336,802 |
PROPERTY TAXES
Parcel Number
514-010-014-9
Land Assessment
$460,033
Improvements Assessment
$876,769
Total Assessment
$1,336,802
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