5205 Colusa Avenue

Richmond, CA 94804

$1,300,000
Last Sold Price
8
Beds
4
Baths
3,000 Sq. Ft.
$433 / Sq. Ft.
3,000
Sq. Ft.
$433
per Sq. Ft.

Description

GREAT INVESTMENT with strong cash flow. 4-Plex in Richmond Annex. Easy to get to the freeways (80 & 580) and close to Bart. Near Trader Joe's, Costco, Peets, Chipotle, Nail Salons, and more. Kitchens have granite countertops. Potential to build 2 more units on site. El Cerrito school district.GREAT INVESTMENT with strong cash flow. 4-Plex in Richmond Annex. Easy to get to the freeways (80 & 580) and close to Bart. Near Trader Joe's, Costco, Peets, Chipotle, Nail Salons, and more. Kitchens have granite countertops. Potential to build 2 more units on site. El Cerrito school district.
  1. Listed by Surinder Kaur • DRE #01701495 • 1ST CHOICE MORTGAGE REAL ESTATE

Property Details for 5205 Colusa Avenue

City
RICHMOND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Attached Garage
Park Spaces Total
4

Location

Listing Courtesy of 1ST CHOICE MORTGAGE REAL ESTATE, Surinder Kaur, DRE #01701495

Sold By Thomas E. Vaughns, Thomas Vaughns, DRE #01728240

Add your commute
LISTING UPDATED: 10/17/2023 02:39 PM

Property Details for 5205 Colusa Avenue

StatusSold
MLS #41027687
Days on Compass43
Taxes$11,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1966
Lot Size0.13 AC / 5,875 SF
CountyContra Costa County

Location

Listing Courtesy of 1ST CHOICE MORTGAGE REAL ESTATE, Surinder Kaur, DRE #01701495

Sold By Thomas E. Vaughns, Thomas Vaughns, DRE #01728240

Add your commute

Building Information for 5205 Colusa Avenue

Stories-Residences4Year Built1966Building Size-Lot Size0.13 AC / 5,875 SF

Payment Calculator

$8,011 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$917

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5205 Colusa Avenue

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Tile
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Central, Gas, Wall Furnace
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Property Details
  • Additional Equipment: All Public Utilities, Smoke Detector, Water Heater Gas
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: None
  • Lot Sq Ft Apx: 5875
  • Lot Size Square Feet: 5875.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3000
  • Yard Description: Back Yard, Front Yard
  • Year Built: 1966
  • Acres: 0.2
Location Details
  • Directions to Property: Exit Central. Right on San Joaquin. Left on Colusa
  • FIPS Code: 06013
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Parking Description: Attached Garage
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Estimated, Owner
Income / Expense Details
  • Annual Taxes $: $11,000
  • Annual Rental Income: $99,024
  • Net Operating Income: $81,924
  • Annual Insurance Expense: $1,500
  • Annual Maintance Expense: $1,000
  • Annual Utility Expense: $3,600
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Tenant
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Rent 1: 2295
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Rent 2: 1957
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Tenant
  • Bedrooms 3: 2
  • Bathrooms 3: 1
  • Parking Spaces 3: 1
  • Rent 3: 2000
Unit 4 Details
  • Unit #/Address - 4: D
  • Occupied By 4: Tenant
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Parking Spaces 4: 1
  • Rent 4: 2000
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio
  • Total Deposits: 5895
Additional Information
Additional Information
  • Fireplace: No

Property History for 5205 Colusa 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 5205 Colusa Avenue

Taxable ValueLand$306,000Additions$591,600Total$897,600
Tax Record2023$15,526 ($1,294 / month)
Home Facts
Total Finished SqFt2,754 SqFtAbove Grade Finished SqFt2,754 SqFtStories1Lot Size5,875 SqFtStyleQuadraplexYear Built1962Year Renovated1980CountyCONTRA COSTAAPN507-261-009-9

Schools near 5205 Colusa 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
Charter - 6 to 8
Rating
School
Distance
Fairmont Elementary School
PublicK to 6

Fred T. Korematsu Middle School
Public7 to 8

El Cerrito Senior High School
Public9 to 12

Richmond Charter Academy
Charter6 to 8

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 1ST CHOICE MORTGAGE REAL ESTATE, Surinder Kaur, DRE #01701495

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.