2220 Costa Ave | Richmond, CA 94806
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- LoopNet Team
2220 Costa Ave
Richmond, CA 94806
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- 1987 Construction, Fresh Exterior Paint, Improved Parking Lot, Private Garages, and Coin-Operated Laundry for Additional Income
- Huge Rental Upside Upon Annual Rent Increases, Tenant Turnover, and Capital Improvements
- Priced Below $200K/Unit with Over 40% Rental Upside
- Comprised of Seven 2bd/1bth Units, Each w/ Single Car Attached Garage & Storage
- Prime Location Within Walking Distance to Groceries, Parks, Dining, Shops, Public Transportation and More
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 7,609 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1987/2013 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 7,609 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2013 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | 652 |
PROPERTY TAXES
| Parcel Number | 530-110-036-7 | Improvements Assessment | $433,846 |
| Land Assessment | $353,736 | Total Assessment | $787,582 |
PROPERTY TAXES
Parcel Number
530-110-036-7
Land Assessment
$353,736
Improvements Assessment
$433,846
Total Assessment
$787,582
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