
617 16th St Richmond, CA 94801
Belding Woods NeighborhoodEstimated payment $4,452/month
About This Home
Experience an exceptional investment opportunity with this meticulously maintained multifamily property in Richmond, CA. This garden-style building offers two spacious 3b/2ba & 3b/1.5ba units with hardwood floors, tiled bathrooms, wood cabinetry, and washer/dryers in the back. Upside in the rents! TENANTS PAY ALL UTILITIES! Built in 1991 and zoned RM2, this property is immaculately presented, with 100% occupancy providing a steady income stream from day one. The prime Richmond location offers convenient access to local amenities and transportation routes, catering to the modern investor's needs. With a strong rental history and well-maintained grounds, this property represents a sound choice for discerning multifamily investors seeking long-term value and reliability.
Listing Agent
Ethan Berger
NAI Northern California License #01868467 Listed on: 07/08/2025
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$10,211
Year Built
1991
Lot Details
0
Listing Details
- Property Sub Type: Duplex
- Property Type: Residential Income
- Co List Office Mls Id: OBOJMTB
- Directions: 16th St. & Roosevelt Ave.
- Special Features: None
- Year Built: 1991
Interior Features
- Appliances: Dryer, Washer, Gas Water Heater
- Other Equipment: Satellite Dish, Dish Antenna
- Total Bedrooms: 6
- Door Features: Mirrored Closet Door(s)
Exterior Features
- Construction Type: Frame, Wood Siding
Garage/Parking
- Parking Features: Garage, Off Street, Space Per Unit - 2, Garage Faces Front
Utilities
- Cooling: No Air Conditioning
- Heating Yn: Yes
- Utilities: Individual Electric Meter, Individual Gas Meter
Condo/Co-op/Association
- Association Name: Bridge AOR
Lot Info
- Lot Size Sq Ft: 4294
Home Values in the Area
Average Home Value in this Area
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 | $10,211 | $546,154 | $250,321 | $295,833 |
2024 | $9,941 | $535,446 | $245,413 | $290,033 |
2023 | $9,941 | $524,948 | $240,601 | $284,347 |
2022 | $9,740 | $514,656 | $235,884 | $278,772 |
2021 | $9,622 | $504,565 | $231,259 | $273,306 |
2019 | $9,041 | $489,600 | $224,400 | $265,200 |
2018 | $8,723 | $480,000 | $220,000 | $260,000 |
2017 | $4,303 | $169,764 | $47,746 | $122,018 |
2016 | $4,203 | $166,436 | $46,810 | $119,626 |
2015 | $4,136 | $163,937 | $46,107 | $117,830 |
2014 | $4,128 | $160,726 | $45,204 | $115,522 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/08/2025 07/08/25 | For Sale | $650,000 | -- | $216 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Lawyers Title Company | |
Grant Deed | $480,000 | Lawyers Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | -- | None Available | |
Trustee Deed | $160,001 | None Available | |
Interfamily Deed Transfer | -- | First American Title Co | |
Interfamily Deed Transfer | -- | First American Title Guarant | |
Interfamily Deed Transfer | -- | First American Title Guarant | |
Grant Deed | $250,000 | First American Title Guarant |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $344,500 | New Conventional | |
Closed | $360,000 | New Conventional | |
Previous Owner | $115,500 | Unknown | |
Previous Owner | $394,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $325,000 | Fannie Mae Freddie Mac | |
Previous Owner | $274,000 | Fannie Mae Freddie Mac | |
Previous Owner | $63,000 | Credit Line Revolving | |
Previous Owner | $237,000 | Stand Alone First | |
Previous Owner | $230,000 | Purchase Money Mortgage | |
Previous Owner | $224,750 | Purchase Money Mortgage |
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Source: bridgeMLS
MLS Number: 41103938

APN: 514-310-015-3
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