854 7th Street

Richmond, CA 94801

$888,000
Price
8
Beds
4
Baths
3,040 Sq. Ft.
$292 / Sq. Ft.
3,040
Sq. Ft.
$292
per Sq. Ft.

Description

Fourplex will be delivered to buyer with 3/4 units year long leases in place at the close of escrow, at the moment we are doing drive by viewings only subject to inspection. Currently listed at a 7.02% Cap rate with proforma of 8.46%. This parcel is comprised of four 2-bed 1-bath units providing 8 bedrooms and 4 bath for a family buying, house hacker getting into their first unit, or an investor getting of an investor to cashflow the units. Email listings agent for questions and financials. Disclosures...Fourplex will be delivered to buyer with 3/4 units year long leases in place at the close of escrow, at the moment we are doing drive by viewings only subject to inspection. Currently listed at a 7.02% Cap rate with proforma of 8.46%. This parcel is comprised of four 2-bed 1-bath units providing 8 bedrooms and 4 bath for a family buying, house hacker getting into their first unit, or an investor getting of an investor to cashflow the units. Email listings agent for questions and financials. Disclosures in link. One unit could be delivered vacant upon request for buyer. Great opportunity for potential ADU for homeowners & investors alike. Possible seller carry on a small portion of the loan.
  1. Listed by Conner Applegate • DRE #01938041 • Conner Applegate, Broker

Property Details for 854 7th Street

City
RICHMOND
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage/Parking
Off-Street Parking
Park Spaces Total
4

Location

Listing Courtesy of Conner Applegate, Broker, Conner Applegate, DRE #01938041
Add your commute
LISTING UPDATED: 05/02/2024 01:21 AM

Property Details for 854 7th Street

StatusActive
MLS #41057359
Days on Compass10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1917
Lot Size0.09 AC / 4,000 SF
CountyContra Costa County

Location

Listing Courtesy of Conner Applegate, Broker, Conner Applegate, DRE #01938041
Add your commute

Building Information for 854 7th Street

Stories-Residences4Year Built1917Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$6,176 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,846

Property Taxes

$1,330

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 854 7th Street

Features
Feature Details
  • Flooring: Laminate, Tile, Carpet
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Electric
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Window Coverings
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Regular
  • Lot Sq Ft Apx: 4000
  • Lot Size Square Feet: 4000.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 3023
  • Yard Description: Back Yard
  • Year Built: 1917
  • Acres: 0.09
Location Details
  • Directions to Property: Lucas/7th
  • FIPS Code: 06013
  • Parcel Number: 534-023-026-6
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Parking Description: Off Street Parking
  • Existing Lease Terms: Building Vacant, Month to Month
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Property Manager
Unit 1 Details
  • Unit #/Address - 1: 1A
  • Occupied By 1: Tenant
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 775
  • Rent 1: 1750
Unit 2 Details
  • Unit #/Address - 2: 2B
  • Occupied By 2: Vacant
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 755
  • Rent 2: 1725
Unit 3 Details
  • Unit #/Address - 3: 3C
  • Occupied By 3: Vacant
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 2
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 755
  • Rent 3: 1695
Unit 4 Details
  • Unit #/Address - 4: 4D
  • Occupied By 4: Tenant
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 755
  • Rent 4: 1795
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
Additional Information
Additional Information
  • Fireplace: No

Property History for 854 7th 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 854 7th Street

Taxable ValueLand$268,048Additions$536,099Total$804,147
Tax Record2023$15,958 ($1,330 / month)
Home Facts
Total Finished SqFt3,023 SqFtAbove Grade Finished SqFt3,023 SqFtStories1Lot Size4,000 SqFtStyleQuadraplexYear Built1917Year Renovated1920CountyCONTRA COSTAAPN534-023-026-6

Schools near 854 7th Street

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

Helms Middle School
Public7 to 8

Richmond 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.

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854 7th Street is a multi-family home for sale in Richmond, CA 94801. This property was listed for sale on April 25, 2024 by Conner Applegate, Broker, it's currently listed at $888,000. It has been on the market for a total of 10 days and was last sold on February 1, 2019. This listing's school district is West Contra Costa Unified School District. Nearby schools include Peres Elementary School, Helms Middle School and Richmond High School. 854 7th Street is a 8-bed, 4-bath, 3,040 sqft multi-family home built in 1917.

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 Conner Applegate, Broker, Conner Applegate, DRE #01938041

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.