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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

    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.

    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#: 41031818MLS Logo

    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