143 19th St - Apartments FOR SALE


Richmond, CA 94801
$845,000 USD
510-725-4775
143 19th St, Richmond, CA for Sale
$845,000 USD
Apartments - FOR SALE
1/13
null | 8.17% Cap Rate

143 19th St
Richmond, CA 94801


HIGHLIGHTS

  • Rare Opportunity to Acquire an Asset w/ Three Vacant Units that can be Renovated and then Leased at Market Rate Rents
  • Amenities Include a Shared Laundry Facility and a Private Off-Street Carport Boasting a 1:1 Parking Ratio w/ Additional Storage for Each Tenant
  • Perfect for Investors Looking to Increase Property Value Through Renovations, ADUs, or Monetizing Amenities.
  • Prime Richmond Location, Near Del Norte and Richmond BART, 880 freeway, Richmond Bridge, and Richmond Marina

OVERVIEW

Located in the heart of Richmond, 143 19th Street presents a rare investment opportunity featuring four 2-bedroom, 1-bath units on a 5,625 SF lot. With three vacant units primed for renovation, investors can upgrade and lease at market rates, maximizing returns. Tenants cover water and PG&E, while the owner handles trash and building water expenses, making for streamlined management. The property includes a shared laundry facility and a private off-street carport with a 1:1 parking ratio and additional storage space. Conveniently situated near Del Norte and Richmond BART stations, the 880 freeway, Richmond Bridge, and Richmond Marina, this location offers easy access to transportation and local amenities—ideal for both new and seasoned investors. Nestled in Richmond, California, the City Central neighborhood exudes a small-town, old-school charm within the vibrant Bay Area. As a historic naval town just north of Berkeley, Richmond has managed to avoid the steep price hikes seen in nearby cities like Oakland. City Central's rich cultural diversity is reflected in its array of restaurants and parks, providing residents with ample amenities close at hand. Conveniently located in the heart of Richmond, less than a mile north of Marina Bay and the Rosie the Riveter/World War II Home Front Historical Park, City Central offers easy access to the waterfront and breathtaking panoramic views along the Richmond Bay Trail. Its prime location ensures that residents can effortlessly reach Oakland, Berkeley, and other Bay Area destinations. Easy commute location and just minutes from Del Norte and Richmond BART, 880 freeway, Richmond bridge, Richmond Marina, nearby shopping and more!

FOR SALE DETAILS

PRICE

$845,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

4

PRICE/UNIT

$211,250

CAP RATE

8.17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

19th St. Fourplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential/Quadruplex

APN/PARCEL ID

540-210-010-0

ASK ABOUT THIS PROPERTY

Steven PinzaPinza GroupMore Info
510-725-4775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Steven PinzaPinza GroupMore Info
510-725-4775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.