NOT LISTED FOR SALE

4143 Fran Way El Sobrante, CA 94803

May Valley Neighborhood
-- Bed
-- Bath
12,240 Sq Ft
0.72 Acres

Last Sold April 16, 2024

Last sale price $3,145,000 $257 Per Sq Ft

6 Days on Market

Highlights

  • 0.72 Acre Lot
  • 12 Car Attached Garage
  • Cooling Available
  • No HOA
  • Tandem Parking
  • Coin Laundry

About This Home

As of April 2024

4143-4169 Fran Way, Richmond, positioned on the border of El Sobrante. This premier property comprises 12 townhome-style units with individual garages for each unit. The units features 2 bedrooms and 1.5 baths, caters to a diverse demographic, ensuring broad market appeal. Majority of the units have their own balconies increasing the rent-ability and value. The property is fully stabilized with 100% occupancy with an in-place Cap Rate of 6.17% and produces nearly a 5% cash on cash return day one. With a 10.8 GRM and $261 price per square foot, this investment is one you do not want to miss out. The property's location on the El Sobrante border and provides residents access to the amenities and charm of both Richmond hills and El Sobrante. Investors keen on maximizing returns and unlocking additional value should consider the prospect of condo conversion, turning each unit into a 2bed town-home condo (Buyer to do their own research).

Last Listed By

Willem Bos

License #02013980 Listed on: 01/30/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.72 Acre Lot

Parking

  • 12 Car Attached Garage
  • Tandem Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

Overview

  • No Home Owners Association
  • 12,240 Sq Ft Building
  • Bridge Aor Association

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.72
  • Directions: Right off Appian way
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: Other
  • Other Equipment: Other
  • Accessibility Features: Other
  • Interior Amenities: Other

Exterior Features

  • Lot Features: Other, See Remarks
  • Construction Type: Other

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Tandem
  • Total Parking Spaces: 12

Utilities

  • Heating: Other
  • Utilities: Other Water/Sewer
  • Cooling: Other
  • Laundry Features: Coin Operated, Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 31450
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 3602

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $3,145,000 -- --
02/04/2025 02/04/25 Off Market $2,810,000 -- --
04/16/2024 04/16/24 Sold $3,145,000 -1.6% $257 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $3,195,000 +13.7% $261 / Sq Ft
09/22/2020 09/22/20 Sold $2,810,000 -2.4% $230 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $2,880,000 -- $235 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Willem Bos

    Seller's Agent in 2024

    Willem Bos

    (916) 698-9954

    1 in this area

    12 Total Sales

    Willem Bos
    Section Image

  • B

    Buyer's Agent in 2024

    Brigitte Schlatter

  • Angela Fieweger

    Seller's Agent in 2020

    Angela Fieweger

    Prime Metropolis Properties Inc

    (510) 368-0122

    2 in this area

    35 Total Sales

    Angela Fieweger
    Section Image
  • Ben Weil

    Buyer's Agent in 2020

    Ben Weil

    COMPASS

    (415) 730-3360

    1 in this area

    7 Total Sales

    Section Image
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Map

Source: bridgeMLS

MLS Number: 41048716

bridgeMLS

APN: 425-292-014

California Contra Costa County El Sobrante 94803 May Valley

4143 Fran Way, El Sobrante, CA

Homes for Sale in El Sobrante, CA

This home is located at 4143 Fran Way, El Sobrante, CA 94803 since 30 January 2024. This property was built in 1975. 4143 Fran Way is a home located in Contra Costa County with nearby schools including Murphy Elementary School, Betty Reid Soskin Middle School, and De Anza Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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