330-336 44th Street is a unique opportunity for a new or seasoned investor on a quiet street in a mostly residential neighborhood. This well-maintained property boasts an amazing unit mix six spacious 2bd/1bth units with varying floor plans. Two of the 2bd/1bth units have a bonus room which has been used as a third bedroom, office, or play room. The property has ample, covered parking, on site coin operated laundry, easy to maintain landscaping, and more. Further, the property has recently undergone a number of improvements including fresh exterior paint and interior flooring. Further, rents are about 75% below market, which will allow the next investor to immediately raise rents with the Housing Authority with the subsidized units, and when a non subsidized tenant moves out.
The property is conveniently located close to Richmond Annex, El Cerrito, and South Richmond. With quick access to Highway 80, Highway 580, and 5 minutes from BART (1 mile), this property is a great commute location providing access to San Francisco, Oakland, the East Bay, and Marin. Richmond is a fairly large East Bay community on the north side of Berkeley, about thirty minutes from San Francisco. Compared to other Bay Area cities, rent tends to be relatively affordable, making it an appealing location for commuters. Wildcat Canyon Regional Park and several large coastal parks give outdoorsy resident numerous options for enjoying the mild climate and natural beauty of the area without going far from home. Easy access to the water also makes boating and fishing popular activities for residents. The Richmond Auditorium is a popular venue for concerts, and the Point Richmond area is a popular walking district full of unique shops and restaurants. Of course, residents also enjoy having the freedom to easily reach The City, wine country, and northern California’s other resources and attractions quickly and easily.
CONTACT STEVEN PINZA, ESQ. FOR A COMPLETE MARKETING PACKAGE
