B
Seller's Agent in 2021
Ben Weil
COMPASS
508 Bissell Ave Richmond, CA 94801
Iron Triangle NeighborhoodEstimated Value: $783,556 - $952,000
8
Beds
3
Baths
4,240
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- Wood Siding
- No HOA
- Rectangular Lot
- Heating Available
About This Home
As of May 2021508 Bissell Ave is an investment triplex with high return on current income and strong rental upside. The building offers an attractive unit configuration of 2 three bedroom/one bathroom units, 1 two bedroom/one bathroom unit, and a shared backyard patio. The building has been freshly painted, some units have been partially upgraded, each unit has a dedicated water heater and in-unit washer/dryer, and the plumbing has been replaced throughout the property. This is a rare opportunity to buy a building at an extremely low price/foot, with nearly 40% rental upside, and strong return day one.
Last Agent to Sell the Property
Ben Weil
COMPASS License #01816078 Listed on: 02/15/2021
Last Buyer's Agent
Ben Weil
COMPASS License #01816078 Listed on: 02/15/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 2,433 Sq Ft Lot
- Rectangular Lot
- Paved or Partially Paved Lot
- Back Yard Fenced
Parking
- On-Street Parking
Home Design
- Triplex
- Frame Construction
- Wood Siding
- Composition Shingle
- Masonry
Flooring
- Wood Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Cooling Available
- Heating Available
- Gas Water Heater
Community Details
- No Home Owners Association
- 4,240 Sq Ft Building
- Bridge Aor Association
Listing and Financial Details
- Assessor Parcel Number 5383000030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2022
Sold by
Ariel Baleli
Bought by
508 Bissell Avenue Llc
Current Estimated Value
Purchase Details
Listed on
Feb 15, 2021
Closed on
May 20, 2021
Sold by
Lahiani Liraz
Bought by
Belali Ariel
Seller's Agent
Ben Weil
COMPASS
Buyer's Agent
Ben Weil
COMPASS
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$562,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 15, 2021
Closed on
May 19, 2021
Sold by
Gaskin Paul
Bought by
Baleli Ariel
Seller's Agent
Ben Weil
COMPASS
Buyer's Agent
Ben Weil
COMPASS
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 12, 2004
Sold by
Gaskin Deirdre
Bought by
Gaskin Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 26, 2003
Sold by
Gaskin Paul
Bought by
Gaskin Paul and Gaskin Deirdre
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 14, 2001
Sold by
Gaskin Deirdre
Bought by
Gaskin Paul
Purchase Details
Closed on
Feb 13, 2001
Sold by
Jones Carlton C & Shirley Tre
Bought by
Gaskin Paul
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 508 Bissell Avenue Llc | -- | None Listed On Document | |
| Belali Ariel | -- | Old Republic Title Company | |
| Baleli Ariel | $750,000 | Old Republic Title Company | |
| Gaskin Paul | -- | Financial Title | |
| Gaskin Paul | -- | North American Title | |
| Gaskin Paul | -- | Chicago Title Co | |
| Gaskin Paul | $140,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Belali Ariel | $562,500 | |
| Previous Owner | Gaskin Paul | $150,000 | |
| Previous Owner | Gaskin Paul | $101,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $750,000 | -- | -- |
| 05/26/2021 05/26/21 | Sold | $750,000 | -3.2% | $177 / Sq Ft |
| 02/15/2021 02/15/21 | For Sale | $775,000 | -- | $183 / Sq Ft |
Source: bridgeMLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,204 | $859,578 | $424,483 | $435,095 |
| 2024 | $15,333 | $842,724 | $416,160 | $426,564 |
| 2023 | $15,333 | $826,200 | $408,000 | $418,200 |
| 2022 | $14,381 | $765,000 | $357,000 | $408,000 |
| 2021 | $6,102 | $194,875 | $83,517 | $111,358 |
| 2019 | $5,700 | $189,097 | $81,041 | $108,056 |
| 2018 | $5,477 | $185,390 | $79,452 | $105,938 |
| 2017 | $5,305 | $181,756 | $77,895 | $103,861 |
| 2016 | $5,165 | $178,193 | $76,368 | $101,825 |
| 2015 | $5,061 | $175,517 | $75,221 | $100,296 |
| 2014 | $5,016 | $172,080 | $73,748 | $98,332 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: bridgeMLS
MLS Number: 40937832
APN: 538-300-003-0
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Bay East 2026. CCAR 2026. bridgeMLS 2026. 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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