512 S 16th St, Richmond, CA 94804
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512 S 16th St, Richmond, CA 94804
512 S 16th St, Richmond, CA 94804
512 S 16th St, Richmond, CA 94804
512 S 16th St, Richmond, CA 94804
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Listed by Brandon Payton, DRE #01886199 • Christie's Int'l RE Sereno
$ 1,120,000
Est. payment /mo
New

512 S 16th St Richmond, CA 94804

5,192 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,192 sqft

Price per Sqft $215

MLS Listing ID BE41149226

Year Built 1964

Lot Size 8,010 Sqft

Property Sub-Type Five or More Units

Source Bay East

Property Description

512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.

Location

State CA

County Contra Costa

Area Richmond - South

Interior

Heating Gas

Flooring Laminate, Tile, Carpet - Wall to Wall

Laundry In Laundry Room, Washer, Dryer

Exterior

Exterior Feature Stucco, Brick

Parking Features Parking Area

Garage Spaces 6.0

Roof Type Composition

Building

Lot Description Grade - Level

Water Heater - Gas

Others

Tax ID 544-272-016-4

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Meeko Li

Meeko Li

Agent License ID: 01855766

+1(408) 458-6383

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512 S 16th St