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Sold for $860,000 on 05/27/24
  • $860,000

    854 7th St, Richmond, CA 94801

    8beds
    4baths
    3,023sqft
    Quadruplex
    Built in 1917
    -- sqft lot
    $814,300 Zestimate®
    $284/sqft
    $3,353 Estimated rent

    What's special

    Fourplex will be delivered to buyer with 3/4 units year long leases in place at the close of escrow, at the moment we are doing drive by viewings only subject to inspection. Currently listed at a 7.02% Cap rate with proforma of 8.46%. This parcel is comprised of four 2-bed 1-bath units providing 8 bedrooms and 4 bath for a family buying, house hacker getting into their first unit, or an investor getting of an investor to cashflow the units. Email listings agent for questions and financials. Disclosures in link. One unit could be delivered vacant upon request for buyer. Great opportunity for potential ADU for homeowners & investors alike. Possible seller carry on a small portion of the loan.

    Zillow last checked: 7 hours ago

    Listing updated: June 19, 2024 at 03:08am

    Listed by:

    Conner Applegate DRE #01938041 925-726-7120,

    Conner Applegate, Broker

    Bought with:

    Robert M. Balina, DRE #01263881

    Synergize Realty

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41057359MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Electric
    Cooling
    • No Air Conditioning
    Features
    • Flooring: Laminate, Tile, Carpet
    • Windows: Window Coverings
    • Basement: None
    Interior area
    • Total structure area: 3,023
    • Total interior livable area: 3,023 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Exterior features: Back Yard
    Lot
    • Size: 3,920 sqft
    • Features: Regular
    Details
    • Parcel number: 5340230266
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco
    Condition
    • Year built: 1917

    Community & neighborhood

    Location
    • Region: Richmond

    Other

    Other facts
    • Listing terms: C.H.F.A.,Cash,Complex FHA Approved,Complex VA Approved,Conventional,1031 Exchange,FHA,VA Loan,Cryptocurrency
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $814,300

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $814,300