Property Detail

501 30Th St

Richmond CA 94804

span widget
$959,000

Status: Active

Property Details

Description

Well-maintained 4-unit complex with significant upside potential. All units rent below market, with three substantially under area rates. The property features four larger-than-average units that are two bedroom one bath each, four detached covered parking garages that could be converted to ADUs under new state overlay, and a spacious backyard suitable for additional ADU development. Fully occupied with strong rental demand. Recent upgrades include new roofs, one remodeled unit, interior wall insulation, flooring, stucco & window upgrades. Laundry hookups available for coin/card-op conversion. See current cap rate 6.09 and proforma 9.14%, view in disclosure packet. Low 3% interest rate avalible for investors with large downpayment. Contact listing agent for details.

Map Location

Listing Agent Conner Applegate of Conner Applegate, Broker. Last updated 2025-11-20 09:11:27.000000. Listing information © 2025 CRMLS.

  • Log in
  • ×