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2520 Ohio Ave
Richmond, CA 94804
$900K Reduction & 8.0% Current Cap · Multifamily Property For Sale
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34 Units
Investment Highlights
- 34 Spacious Units Comprised of (22) 1bd/1bth, (10) Studios, and Two 2bd/1bth; Priced at Under $150k/Unit
- Separately Metered for PG&E, On Site Coin Operated Laundry, & Off Street Parking
- Well Located Within Walking Distance of Dining, Shopping, Commute Options, & Richmond BART
- Private Security Gate, Recreation Area, Remodeled Interior Hallways, & Set on a Massive 29,500 SF Lot
- Ability To Increase Cash Flow by Implementing RUBS Program, Gradual Rent Increases, Tenant Buyouts, or Capital Improvement Pass-Throughs
- 8.0% Current Cap & Over $150K In Rental Upside!
Property Facts
Amenities
Site Amenities
- Recycling
- Smoke Free
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 350 |
| 1+1 | 22 | - | 505 |
| 2+1 | 2 | - | 775 |
Property Taxes
| Parcel Number | 513-023-003-9 | Improvements Assessment | $3,185,920 |
| Land Assessment | $2,275,656 | Total Assessment | $5,461,576 |
Property Taxes
Parcel Number
513-023-003-9
Land Assessment
$2,275,656
Improvements Assessment
$3,185,920
Total Assessment
$5,461,576
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