786 8th St | Richmond, CA 94801
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- LoopNet Team
786 8th St
Richmond, CA 94801
786 8th St - 4 Units · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- New rents on ALL units effective 11/1/23!!! Average 6% increase across the board.
- Individually Metered Gas and Electricity
- New Low Maintenance Landscape & Freshly painted exterior
- 3 Units -2 Bedrooms and 1 Unit - 1 Bedroom and 1 Bath all with Assigned Garage or Carport
- Ability To Increase Cash Flow By Gradual Rent Increases, Tenant Buyouts, Implementing RUBS Program, or Capital Improvement Pass-Throughs
- 1 Mile to Bart, 2 1/2 Miles to Richmond Ferry Terminal, and Easy Access to All Major Highways
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,916 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2020 |
| Lot Size | 0.11 AC | Parking Ratio | 2.4/1,000 SF |
| Zoning | RL2 - RL2 Single Family Low Density Residential. | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.11 AC |
| Building Size | 2,916 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1965/2020 |
| Parking Ratio | 2.4/1,000 SF |
| Zoning | RL2 - RL2 Single Family Low Density Residential. |
AMENITIES
SITE AMENITIES
- Fenced Lot
- Gated
- Gas Range
- Smoke Free
- Trash Pickup - Curbside
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,300 | 516 |
| 2+1 | 3 | $1,725 | 800 |
PROPERTY TAXES
| Parcel Number | 534-071-004-4 | Improvements Assessment | $732,740 |
| Land Assessment | $218,727 | Total Assessment | $951,467 |
PROPERTY TAXES
Parcel Number
534-071-004-4
Land Assessment
$218,727
Improvements Assessment
$732,740
Total Assessment
$951,467
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