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5105-5107 MacDonald Ave 6 Unit Apartment Building $849,000 ($141,500/Unit) 6% Cap Rate Richmond, CA 94805



Investment Highlights
- Six Studio Efficiency-Style Units Averaging 363 SF Each, Featuring Two Recently Remodeled Units, Fresh Exterior Paint, and Upgraded Electrical Panels.
- Front and Rear Outdoor Patio Spaces With a Dedicated Owner Storage Shed for Tools, Equipment, and Personal Items.
- Seismically Upgraded With New Earthquake Gas Shutoff Valves and Separately Metered Gas and Water for Each Unit.
- Prime East Richmond Location Bordering El Cerrito With Excellent Access to BART, Freeways, Retail, and Amenities, Supporting Strong Rental Demand.
Executive Summary
The Pinza Group Is Pleased to Present 5105 MacDonald Avenue, a 6-Unit Studio Apartment Property Located in Richmond’s Established Rental Corridor. The Building Consists of Six Studio Units, Each ±363 Square Feet, Situated on a Well-Located East Bay Parcel With Off-Street Parking and a Simple, Uniform Unit Mix That Supports Efficient Management. The Property Is Conveniently Located Near Richmond Bart, Providing Direct Access to San Francisco and the Greater Bay Area, as Well as Immediate Access to Interstate 580 and Interstate 80 for Regional Commuting. Tenants Also Benefit From Nearby Bus Lines Along MacDonald Avenue and Close Proximity to Neighborhood Retail, Grocery Options, and Daily Conveniences, Enhancing Overall Livability and Rental Appeal
Located Along MacDonald Avenue in Central Richmond, This Property Sits in a Highly Accessible East Bay Corridor With Direct Transit Connectivity via Richmond Bart, Offering Convenient Regional Access to Oakland, San Francisco, and the Greater Bay Area. The Immediate Neighborhood Provides Strong Day-To-Day Convenience With Nearby Grocery and Retail Options Including Safeway, Grocery Outlet, and Foods Co Along MacDonald Avenue, as Well as Local Markets and Neighborhood Shops Within Close Proximity. Tenants Also Benefit From Multiple AC Transit Bus Lines Running Directly Along MacDonald Avenue, Along With Quick Access to Interstate 80 and Interstate 580 for Broader Commuter Routes. The Surrounding Area Is Supported by Richmond’s Established Employment Base, Including Industrial, Logistics, and Maritime Activity Tied to the Nearby Port of Richmond, Reinforcing Consistent Housing Demand.
EMAIL INFO@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE
Located Along MacDonald Avenue in Central Richmond, This Property Sits in a Highly Accessible East Bay Corridor With Direct Transit Connectivity via Richmond Bart, Offering Convenient Regional Access to Oakland, San Francisco, and the Greater Bay Area. The Immediate Neighborhood Provides Strong Day-To-Day Convenience With Nearby Grocery and Retail Options Including Safeway, Grocery Outlet, and Foods Co Along MacDonald Avenue, as Well as Local Markets and Neighborhood Shops Within Close Proximity. Tenants Also Benefit From Multiple AC Transit Bus Lines Running Directly Along MacDonald Avenue, Along With Quick Access to Interstate 80 and Interstate 580 for Broader Commuter Routes. The Surrounding Area Is Supported by Richmond’s Established Employment Base, Including Industrial, Logistics, and Maritime Activity Tied to the Nearby Port of Richmond, Reinforcing Consistent Housing Demand.
EMAIL INFO@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 501-220-009-2 | Improvements Assessment | $415,325 |
| Land Assessment | $267,946 | Total Assessment | $683,271 |
Property Taxes
Parcel Number
501-220-009-2
Land Assessment
$267,946
Improvements Assessment
$415,325
Total Assessment
$683,271
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5105-5107 MacDonald Ave
