NOT LISTED FOR SALE
16 Beds
-- Bath
9,160 Sq Ft
8,000 Sq Ft Lot

Last Sold June 28, 2013

Last sale price $1,650,000 $180 Per Sq Ft

70 Days on Market

Highlights

  • 0.18 Acre Lot
  • Wood Flooring
  • 8 Car Garage
  • View of Hills
  • Garden
  • 4-minute walk to Holladay Gardens

About This Home

As of June 2013

What your clients have been looking for, great location 12 unit building, 5 two bedroom units, 6 one bedroom units and a studio, plus 8 garage that rent separately. A block up the hill from the center of PT. Richmond. Beautifully cared for, with great stable occupancy. For clients wanting an easy to care for property w/excellent rental history w/ upside to bring to a higher Cap.

Last Agent to Sell the Property

Bruce Berlinger

Inactive Office License #00900865 Listed on: 03/11/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 8,000 Sq Ft Lot
  • Garden

Parking

  • 8 Car Garage
  • 4 Open Parking Spaces

Home Design

  • Concrete Foundation
  • Elastomeric Roof

Interior Spaces

  • 9,160 Sq Ft Home
  • Views of Hills
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 558-164-009-0

Community Details

Overview

  • 3 Buildings
  • 12 Units

Additional Features

  • Laundry Facilities
  • Gross Income $140,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Parking

8

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: Downtown Point Richmond up the hill to the corner of Washington and Nicholl Avenues.
  • Lot Size Acres: 0.1837
  • CapRate: 5.80
  • Signs: No
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Accessibility Features: None
  • Flooring: Carpet, LVYN, Wood
  • Price Per Square Foot: 180.13
  • Square Footage: 9160
  • NumberOfBuildings: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Garden
  • Roof: Elastomeric
  • View: Hills

Garage/Parking

  • Parking Features: Garage
  • Garage Spaces: 8
  • OpenParkingSpaces: 4

Utilities

  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, DSL Available, Internet Available, All Electric, Natural Gas Connected, PGEE
  • Water Source: Public
  • Heating: Natural Gas
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity, Gas

Association/Amenities

  • Association Features: Other

Lot Info

  • Assessor Parcel Number: 558-164-009-0
  • Lot Size Sq Ft: 8000

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1913

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $795 to $$1,150 per month
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $990 to $$1,225 per month
  • Number Of1 Bedrooms Occupied: 6
  • Number of 1 Bedroom Units: 6
  • Number Of2 Bedrooms Occupied: 5
  • Number of 2 Bedroom Units: 5
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 12
  • Number Studios Occupied: 1

Range of Values:

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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
06/28/2013 06/28/13 Sold $1,650,000 0.0% $180 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $1,650,000 -- $180 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21303522

Bay Area Real Estate Information Services (BAREIS)