2367 Clinton Avenue

Richmond, CA 94804

$1,175,000
Last Sold Price
Beds
5,336 Sq. Ft.
$220 / Sq. Ft.
5,336
Sq. Ft.
$220
per Sq. Ft.

Description

This well-maintained building is a great investment opportunity located in Richmond, CA. Built in 1988, and being sold by the original developers. This 5,336 square foot property consists of six spacious 2 bed/1 bath units. Each unit is separately metered for PG&E, keeping operating expenses low for new ownership. Also, an onsite coin-operated laundry room will bring in additional income. There are 6 covered parking and storage spaces for each apartment. Behind the complex, tenants will enjoy a large...This well-maintained building is a great investment opportunity located in Richmond, CA. Built in 1988, and being sold by the original developers. This 5,336 square foot property consists of six spacious 2 bed/1 bath units. Each unit is separately metered for PG&E, keeping operating expenses low for new ownership. Also, an onsite coin-operated laundry room will bring in additional income. There are 6 covered parking and storage spaces for each apartment. Behind the complex, tenants will enjoy a large backyard and shared BBQ space. Richmond is centrally located and is a prime location to live and commute to many Bay Area cities. The property is a short 10-minute drive to the newly build Richmond Ferry Terminal, close to Richmond Bart station, a 15-minute drive to downtown Berkeley, and less than 30 minutes to downtown San Francisco. Renters can take advantage of the numerous restaurants, coffee shops, and grocery stores in the neighborhood.
  1. Listed by NORIKO YASUI HIGASHI • DRE #02064050 • Berkshire Hathaway Home Svcs
  2. Listed by Monjid Aldiyyat • DRE #01973084 • Berkshire Hathaway Home Svcs

Property Details for 2367 Clinton Avenue

City
RICHMOND
Building Type
Apt Complex
Property Sub Type
Apt Complex
Garage/Parking
Spaces per Unit - 1
Total # Parking Spaces
6

Location

Listing Courtesy of Berkshire Hathaway Home Svcs, NORIKO YASUI HIGASHI, DRE #02064050; Berkshire Hathaway Home Svcs, Monjid Aldiyyat, DRE #01973084

Sold By KW Peninsula Estates, Jannie Chen, DRE #02143114

Add your commute
LISTING UPDATED: 07/02/2022 03:00 AM

Property Details for 2367 Clinton Avenue

StatusSold
MLS #40988694
Days on Compass33
Taxes$17,514 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1988
CountyContra Costa County

Location

Listing Courtesy of Berkshire Hathaway Home Svcs, NORIKO YASUI HIGASHI, DRE #02064050; Berkshire Hathaway Home Svcs, Monjid Aldiyyat, DRE #01973084

Sold By KW Peninsula Estates, Jannie Chen, DRE #02143114

Add your commute

Building Information for 2367 Clinton Avenue

Building/Complex2367 Clinton AveFloor-Stories-Residences6Pet Policy-Year Built1988Building Size-

Payment Calculator

$7,872 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,412

Property Taxes

$1,460

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2367 Clinton Avenue

Features
Feature Details
  • Flooring: Linoleum, Carpet
  • Laundry: In Laundry Room
Utility Details
  • Cooling: None
  • Heating: Gas
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Garden / Greenbelt / Trails
Property Details
  • Additional Equipment: None
  • Exterior: Wood
  • Lot Description: Level
  • Lot Sq Ft Apx: 7200
  • Lot Size Square Feet: 7200.0
  • Roof: Flat
  • Sq Ft Apx: 5336
  • Year Built: 1988
Location Details
  • Directions to Property: Right on Clinton off 23rd
  • FIPS Code: 06013
  • Census Tract: 3740/4
  • Parcel Number: 528-360-011
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 6
  • Basement: None
  • Tenant Pays: Electric
  • Financial Data Source: Owner
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Balcony/Patio, Greenbelt
  • Apx Lot Acres: 0
  • On Site Parking Description: Space Per Unit - 1
  • Tot Ann Oper Exp: 41815.0
  • Total Deposits: 6193
Income / Expense Details
  • Annual Exp Year: 41815
  • Annual Gross Sched Income: $103,951
  • Annual Insurance Expense: $1,680
  • Annual License Expense: $1,710
  • Annual Maint Expense: $2,400
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $0
  • Annual Rent Income: $107,166
  • Annual Taxes: $17,514
  • Annual Util Expense: $10,810
  • Annual Vacancy: 3215.0
  • Gross Income: $107,166
  • Gross Operating Actual Income: $103,951
  • Net Operating Income: $62,136
  • Other Annual Expense: $0
Other Financial Information
  • Existing Loan: Other
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2367 Clinton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2367 Clinton Avenue

Taxable ValueLand$700,000Additions$475,000Total$1,175,000
Tax Record2023$23,571 ($1,964 / month)
Home Facts
Total Finished SqFt5,336 SqFtAbove Grade Finished SqFt5,336 SqFtStories1Lot Size7,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1988CountyCONTRA COSTAAPN528-360-011-1

Schools near 2367 Clinton Avenue

This home is within West Contra Costa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Grant Elementary School
PublicK to 6

Lovonya Dejean Middle School
Public7 to 8

Kennedy High School
Public9 to 12

Greenwood Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Berkshire Hathaway Home Svcs, NORIKO YASUI HIGASHI, DRE #02064050; Berkshire Hathaway Home Svcs, Monjid Aldiyyat, DRE #01973084

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.