NOT LISTED FOR SALE
8 Beds
4 Baths
3 Sq Ft
3,480 Sq Ft Lot

Last Sold December 13, 2019

Last sale price $1,266,100 $422,033 Per Sq Ft

20 Days on Market

About This Home

As of December 2019

SIX UNITS-MIXED USE BUILDING WITH MOVE IN READY RESIDENTIAL AND LEASED RETAIL UNITS IN NORTH EAST RICHMOND. Great opportunity to own a property that is both move in ready and has upswing potential. LIST PRICE INCLUDES TWO (2) PROPERTIES (6 units); 3 commercial and 3 residential units with beautiful back yard, with over-sized 2 car garage, carport all accessible via driveway on (less trafficked) Grant Ave. PROPERTY HAS BEEN IN THE FAMILY FOR OVER 100 YEARS AND IS NOW AVAILABLE TO THE OPEN MARKET. MUST SELL TOGETHER. Located in one of the busiest streets in Richmond, the two buildings have pedestrian access in between them via a gate and vehicle access through drive way off Grant Ave. Units are as follow: 656 - One retail unit downstairs and one 3BR/1BA residential unit upstairs. 654/652 - Two retail units downstairs and one 3BR/1BA residential unit upstairs plus residential studio on the ground level at the rear of the building. Current retail unit rents are under market.

Last Agent to Sell the Property

David Quinonez

PMZ Commercial Real Estate License #01853323 Listed on: 09/26/2019

PMZ Commercial Real Estate

Co-Listed By

Ricardo Velazco

Sequoia Real Estate License #01471392

Last Buyer's Agent

David Quinonez

PMZ Commercial Real Estate License #01853323 Listed on: 09/26/2019

PMZ Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,245

Year Built

  • Built in 1920

Lot Details

  • 3,480

Parking

  • Carport

Utilities

  • No Cooling
  • Wall Furnace

Additional Features

  • 2-Story Property
  • 3,480 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 528-370-006-9

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 3 Leased Units
  • 3 Vacant Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,245

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1920
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Other Equipment: None
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,None
  • Listing Price: 1450000.00
  • Roof: See Remarks

Garage/Parking

  • Parking Features: Carport

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Decking,Yard Space
  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: CM3
  • Lot Size Acres: 0.0799
  • Lot Size Sq Ft: 3480

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 6
  • Number of Vacant Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 528-370-006-9
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Contra Costa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Dec 10, 2019
Sold by
Sindicic Robert G
Bought by
Smyth Alan
Seller's Agent
David Quinonez
PMZ Commercial Real Estate
Buyer's Agent
David Quinonez
PMZ Commercial Real Estate
List Price
$1,450,000
Sold Price
$1,266,100
Premium/Discount to List
-$183,900
-12.68%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smyth Alan $1,266,500 North American Title Co Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $1,266,100 -12.7% $422,033 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $1,450,000 -- $483,333 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

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 $10,245 $519,478 $109,363 $410,115
2024 $10,123 $509,293 $107,219 $402,074
2023 $10,123 $499,308 $105,117 $394,191
2022 $9,775 $489,518 $103,056 $386,462
2021 $8,807 $479,921 $101,036 $378,885
2019 $1,812 $39,490 $19,745 $19,745
2018 $1,760 $38,716 $19,358 $19,358
2017 $1,471 $37,958 $18,979 $18,979
2016 $1,426 $37,214 $18,607 $18,607
2015 $1,398 $36,656 $18,328 $18,328
2014 $1,646 $35,938 $17,969 $17,969
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 19068075

MetroList

APN: 528-370-006-9