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Listed by Brandon Payton, DRE #01886199 • Christie's Int'l RE Sereno
$ 1,100,000
Est. payment /mo
Price Dropped by $20K
512 S 16th St Richmond, CA 94804
6 Beds
5 Baths
5,192 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,192 sqft
Price per Sqft $211
MLS Listing ID BE41149226
Bedrooms 6
Year Built 1964
Lot Size 8,010 Sqft
Property Sub-Type Five or More Units
Source Bay East
Property Description
512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.
Location
State CA
County Contra Costa
Area Richmond - South
Interior
Heating Gas
Flooring Laminate, Tile, Carpet - Wall to Wall
Laundry In Laundry Room, Washer, Dryer
Exterior
Exterior Feature Stucco, Brick
Parking Features Parking Area
Garage Spaces 6.0
Roof Type Composition
Building
Lot Description Grade - Level
Water Heater - Gas
Others
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