This Multifamily Property is no longer advertised on LoopNet.com.

2520 Ohio Ave
Richmond, CA 94804
75% LTV Financing Available · Multifamily Property For Sale · 34 Units

Investment Highlights

  • 34 Units: (2) Two-Bath/One-Bath, (22) One-Bed/One-Bath, and (10) Studios.
  • Property Features Private Security Gate, And Recreation Area.
  • Over $140K In Annual Loss To Lease.
  • Located In Close Proximity To Dining, Shopping, and Richmond BART.
  • Situated On A Massive 29,500 SqFt Lot.
  • Opportunity To Implement A Ratio Utility Billing System Program As Units Turnover.

Property Facts

No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.68 AC
Building Size 16,152 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1942/2024
Parking Ratio 2.11/1,000 SF

Amenities

Site Amenities

  • Recycling
  • Smoke Free
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 - 270
1+1 22 - 425 - 600
2+1 2 - 750

Property Taxes

Property Taxes

Parcel Number
513-023-003-9
Land Assessment
$2,231,036
Improvements Assessment
$3,123,451
Total Assessment
$5,354,487
  • Listing ID: 31845746

  • Date on Market: 5/17/2024

  • Last Updated:

  • Address: 2520 Ohio Ave, Richmond, CA 94804

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