1324 Gaynor Avenue, Richmond, CA 94801
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1324 Gaynor Avenue,Richmond, CA 94801
$950,000
- 4 Beds
- 4 Baths
- 1,553 sq. ft.
- Multi-family
- Active
Listed by: julien goavec
Office: clearpoint brokerage corporation
MLS#:426147156
Source:CABCREIS
Price summary
- Price:$950,000
- Price per sq. ft.:$611.72
About this home
This property is priced to SELL. Located at 1324 Gaynor Ave in Richmond, this multifamily property presents a compelling investment opportunity with a list price of $1,050,000, translating to roughly $210,000 per unit and $263 per square foot. Constructed in 1960, the property consists of 4 units + 1 Non conforming unit on a spacious 0.26-acre lot, totaling 4,000 square feet of building area. The asset features a diverse unit mix consisting of (1) 2 bedroom/1-bathroom, (2) 1 bedroom/1-bathroom, (1) Studio Unit, and (1) Studio Unit non conforming. The building is complemented by 2 garage parking spaces + 2 additional driveway parking spots that provide ample and convenient access for residents. From a financial perspective, the property offers a current cap rate of 8.4% and a GRM of 8.4, with a current occupancy rate of 100%. Current scheduled rents total $9,613 per month and $115,356 Gross Rental Income! This is your opportunity to get a well priced, fully occupied, turnkey building with maximum rents. Utilities are efficiently structured, with water master-metered, electric and gas individually metered, and the landlord responsible for the house meter, providing a balanced operating framework. Disclosures & Marketing: https://app.disclosures.io/link/1324-Gaynor-Avenue-rs7bpmgg...
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Home facts
- Year built:1960
- Listing ID #:426147156
- Added:53 day(s) ago
- Updated:September 08, 2026 at 02:58 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:9
- Flooring:Carpet, Vinyl, Wood
- Living area:1,553 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1960
- Building area:1,553 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Private
- Levels:2 Story
Utilities
- Water:Separate Meter
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$611.72
Features and amenities
- Laundry features:Coin Operated Laundry, Common Area
Parking
- Total parking spaces:4
- Parking description:Attached, Garage, Uncovered Parking
- Garage:Yes
- Garage spaces:2
- Carport spaces:2
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