For an investor with vision, 227-229 S 7th Street in Richmond’s Santa Fe neighborhood is something akin to a “must buy” (especially considering the modest asking price of $699,995). This 2-unit building (1 - 2BR/1BA, 1 - 3BR/1BA) is located just minutes away from Kaiser Permanente’s Richmond Medical Center and Chevron’s Richmond facility. Such proximity all but guarantees any vacancies will be short lived as medical assistants, traveling nurses, and other types of strong professionals always desire convenient housing. Onsite amenities include parking, laundry, and a secure entry to ensure tenants always feel safe at home. One of the two units (3BR) shall be delivered vacant and move-in ready, allowing the new owner to either occupy a unit or handpick new tenants and set rents for both. The 2BR unit will come occupied, allowing the new owner to generate modest immediate cash flow.
Sold for $705,000 on 09/05/23
$705,000
229 S 7th St, Richmond, CA 94804
5beds
2baths
1,530sqft
Duplex
Built in 1961
-- sqft lot
$702,100 Zestimate®
$461/sqft
$3,118 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2023 at 06:05pm
Listed by:
Joey Wang DRE #01890931 510-592-4244,
Keller Williams Realty
Bought with:
Alfonso Rodriguez, DRE #01178435
America Realty
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41031818

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Natural Gas, Wall Furnace
Cooling
- Ceiling Fan(s)
Appliances
- Included: Gas Water Heater
- Laundry: Common Area
Features
- Flooring: Laminate, Tile
- Basement: None
Interior area
- Total structure area: 1,530
- Total interior livable area: 1,530 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Exterior features: Front Yard
Lot
- Size: 4,356 sqft
- Features: Front Yard, Paved
Details
- Parcel number: 5502020216
- Zoning: RL-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame, Wood Siding
Condition
- Year built: 1961
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Richmond
Other
Other facts
- Listing terms: None
Services availability
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Estimated market value
$702,100