410 S 34th St, Richmond, CA 94804
Local realty services provided by:Better Homes and Gardens Real Estate Champions
410 S 34th St,Richmond, CA 94804
$1,250,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: david howarth
Office: the pinza group, inc510-725-4775
MLS#:41136845
Source:CRMLS
Price summary
- Price:$1,250,000
About this home
Showing:Thursday 6/11 1:00-2:30pm. www.410s34th.com; 6-unit apartment complex with excellent current cash flow and strong upside. The current cap rate is 7.90% and the current GRM is 8.86%. The unit mix is ideal and includes six 2bd/1bth units and is nearly 100% occupied. The property was originally built in 1963, offers approximately 4,814 square feet of living space, and sits on 7,875 square feet lot with off-street parking for all tenants. The property is separately metered for water, gas, and electric providing for low annual operating expenses. The units have been remodeled over time and offer a mix of updated kitchens and bathrooms with wood floors, double pane windows, and new paint. The owner manages self-manages the building and all the tenants are nice and current on rent. The exterior and interior are in great condition with no deferred maintenance. The neighborhood is comprised of mostly single-family homes with few other apartment buildings reducing local inventory. There are many local restaurants and shopping options nearby with easy access to HWY580 and HWY80 making this a high-demand location for tenants. Vacant units rent fast and tenants stay for long periods of time making this an ideal investment location....
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Home facts
- Year built:1963
- Listing ID #:41136845
- Added:4 day(s) ago
- Updated:June 07, 2026 at 10:39 AM
Structure and exterior
- Year built:1963
- Lot area:0.18 Acres
Finances and disclosures
- Price:$1,250,000
Parking
- Total parking spaces:6
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