909-235-7886
315 25th St, Richmond, CA for Sale
Apartments - FOR SALE
1/3
null | Request Cap Rate

315 25th St
Richmond, CA 94804
North & East


HIGHLIGHTS

  • Easy Access to Major Employment Hubs
  • Excellent Walkability to Local Conveniences
  • Mixed-Use Asset with Fully Occupied Retail Element
  • Prime Location in Richmore Village/Metro Square Neighborhood
  • Attractive Unit Mix with Immediate Rental Upside

OVERVIEW

The Mogharebi Group is pleased to present the opportunity to acquire 315 25th Street, an 18-unit mixed use multifamily community located at 315 25th Street in Richmond, California. This 3-story asset benefits from a diverse unit mix of studio, one-, and two-bedroom floorplans ranging between 528 to 775 square feet. In addition to the 18 residential units, the property also has 2 existing retail units on the ground floor, both of which are occupied with pre-existing signed retail leases. Furthermore, tenants can enjoy additional retail amenities in the surrounding area as it is home to a variety of shopping, dining, and entertainment experiences such as the Richmond Art Center, Richmond Civic Center Plaza, and Nicholl Park. Many of the notable local amenities are situated within an easily walkable distance from 315 25th Street, this has allowed the property to achieve a Walk Score of 89. The property is currently operating at 94% occupancy with an 11% in-place loss-to-lease

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

18

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CMCD, Richmond

APN/PARCEL ID

515-261-004-3

ASK ABOUT THIS PROPERTY

Otto OzenThe Mogharebi GroupMore Info
909-235-7886

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

Otto OzenThe Mogharebi GroupMore Info
909-235-7886

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