610 15th Street

Richmond, CA 94801

$985,000
Price
Beds
3,112 Sq. Ft.
$317 / Sq. Ft.
3,112
Sq. Ft.
$317
per Sq. Ft.

Description

Fantastic opportunity to invest in a well-maintained four-unit rental building in Richmond City. Each unit features 2 bedrooms, 1 bath, individual PG&E, and water meters, and laundry hookups for added convenience. With easy management and 4 carports included, this property offers a hassle-free investment. Located conveniently close to a BART station, the annual rent totals $85,440, resulting in a solid cap rate of 6%. Don't miss out on this excellent rental property.Fantastic opportunity to invest in a well-maintained four-unit rental building in Richmond City. Each unit features 2 bedrooms, 1 bath, individual PG&E, and water meters, and laundry hookups for added convenience. With easy management and 4 carports included, this property offers a hassle-free investment. Located conveniently close to a BART station, the annual rent totals $85,440, resulting in a solid cap rate of 6%. Don't miss out on this excellent rental property.
  1. Listed by Jenny Ying He He • DRE #01255995 • Jenny He Realty • 415-860-8320

Property Details for 610 15th Street

MLS City Name
RICHMOND
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
4

Location

Listing Courtesy of Jenny He Realty, Jenny Ying He He, DRE #01255995
Add your commute
LISTING UPDATED: 03/13/2024 02:10 PM

Property Details for 610 15th Street

StatusActive
MLS #ML81954696
Days on Compass71
Taxes$13,790 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1957
Lot Size0.13 AC / 5,625 SF
CountyContra Costa County

Location

Listing Courtesy of Jenny He Realty, Jenny Ying He He, DRE #01255995
Add your commute

Building Information for 610 15th Street

Stories2Residences4Year Built1957Building Size-Lot Size0.13 AC / 5,625 SF

Payment Calculator

$6,525 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,376

Property Taxes

$1,149

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 610 15th Street

Features
Features
  • Fireplace: No
  • Living SqFt: 3112
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Water: Individual Water Meter, Irrigation Connected
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Richmond - North & West/Parchest
  • Roof: Flat / Low Pitch
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 610
  • Street Name: 15th
  • Street Suffix: Street
  • Area ID: 1705
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3112
  • Structure SqFt Source: Assessor
  • Age: 67
Development Information
  • Zoning Detail: Multi Family
Location Information
  • Parcel Number: 514-310-024-5
  • County Name: Contra Costa
  • City Name: RICHMOND
  • City Postal ID: 164
  • Postal Code: 94801
  • Elementary School District: 2096
  • High School District Text: West Contra Costa Unified
Lot Information
  • Foundation: Wood Frame
  • Horse Property: No
  • Lot Acres: .13
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $13,790
  • Building Unit Total: 4
  • Capitalization Rate: 6.03
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,595
  • Expense Landscape: $0
  • Expense Maintenance: $3,000
  • Expense Management: $4,272
  • Expense Trash: $2,400
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $26,057
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Services - Trash Removal
  • Gross Rent Multiplier: 11.53
  • Income Annual Gross: $85,440
  • Income Annual Rental: $85,440
  • Income Gross Scheduled: $85,440
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,320
Unit 2 Information
  • Unit 2 Approx Square Footage: 750
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,000
Unit 3 Information
  • Unit 3 Approx Square Footage: 750
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,000
Unit 4 Information
  • Unit 4 Approx Square Footage: 750
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,800
Unit Type 1
  • Unit Type1 Approx SqFt: 750

Property History for 610 15th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 610 15th Street

Taxable ValueLand$278,879Additions$479,671Total$758,550
Tax Record2023$15,317 ($1,276 / month)
Home Facts
Total Finished SqFt3,112 SqFtAbove Grade Finished SqFt3,112 SqFtStories1Lot Size5,625 SqFtStyleQuadraplexYear Built1957Year Renovated1965CountyCONTRA COSTAAPN514-310-024-5

Schools near 610 15th Street

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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610 15th Street is a multi-family home for sale in Richmond, CA 94801. This property was listed for sale on February 18, 2024 by Jenny He Realty, it's currently listed at $985,000. It has been on the market for a total of 71 days and was last sold on June 28, 2017. This listing's school district is West Contra Costa Unified School District. Nearby schools include Grant Elementary School, Lovonya Dejean Middle School and Kennedy High School. 610 15th Street is a 0-bed, 0-bath, 3,112 sqft multi-family home built in 1957.

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 Jenny He Realty, Jenny Ying He He, DRE #01255995

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.