529 21st St - Apartments FOR SALE


Richmond, CA 94801- Belding Woods
$2,350,000 USD
310-704-3616
529 21st St, Richmond, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

529 21st St
Richmond, CA 94801
Belding Woods


HIGHLIGHTS

  • Trust sale
  • one for one parking
  • centrally located in the heart of Richmond
  • upside income opportunity

OVERVIEW

Trust Sale - 14 unit apartment with 14 parking spaces. Below market rents with upside opportunity. Family managed for many years. Income has increased from 2022 to date. Belding Woods is a low-key suburban community right in the heart of Richmond. The neighborhood is almost entirely residential, with small corner grocery stores and locally-owned restaurants along 23rd Street and scattered among the blocks of houses. The cost of living is relatively low for the location, and rent tends to be quite affordable as well. Property will be sold in as is condition, seller will not make any repairs. Specific sale terms apply. Contact broker for information. Please review property information at Braunco.com.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$287 USD /SF

# OF UNITS

14

PRICE/UNIT

$167,857

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14 unit apt - Trust Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,400 SF

ZONING

R3, Richmond

APN/PARCEL ID

514-200-009-9

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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

Todd WohlBraun InternationalMore Info
310-704-3616

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