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Legacy Real Estate Inc
512 S 16th St, Richmond, CA 94804
- $1,100,000
Listed by Brandon Payton, (925) 967-8737 from Christie's Int'l RE Sereno
(If provided) CoList: from
- List Price
- $1,100,000
- Price Change
- ▼ $20,000 1791308511
- MLS#
- BE41149226
- Status
- ACTIVE
- Lot Size
- 8,010
- Listing Area
- Richmond - South
- Year Built
- 1964
Property Description
512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.
Additional Information
- Acres
- 0.18
- Amenities
- Balcony/Patio
- Exterior Features
- Stucco, Brick
- Floor Covering
- Laminate, Tile, Carpet - Wall to Wall
- Garage Parking
- Parking Area
- Heating System
- Gas
- Laundry Facilities
- In Laundry Room, Washer, Dryer
- Lot Description
- Grade - Level
- Lot Size
- 8,010
- Neighborhood
- Richmond - South
- Numberof Units
- 6
- Roof
- Composition
- Unincorporated Yn
- Yes
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