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.
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
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#: 41057359

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
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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