3321 Barrett Ave, Richmond, CA 94801-2177
-
Listed Price :
$1,425,000
-
Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1950
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre. 3321 Barrett Ave is a well-maintained 6-unit building built in the 1950s, offering an attractive investment opportunity. The property consists of a four-unit building with four 2-bedroom units, along with a duplex featuring two 1-bedroom units. Each unit offers ample space, with the 2-bedroom units close to 1,000 square feet and the 1-bedroom units just under 800 square feet. On average, each unit spans nearly 900 square feet. The building is separately metered for water, gas, and electricity, which helps keep operating expenses low for the new owner. Currently, the property generates over $10,000 per month with over 30% upside in gross rents and nearly 50% upside in net operating income. Many of the units have been recently updated, including upgrades to electrical panels and windows, while the exterior has been meticulously maintained with freshly paved garage areas and well-kept brick trim. The result is a perfect blend of vintage charm and modern living. The property is also well-equipped for tenants, with six garages and additional off-street parking spaces available. Its prime location in the desirable North & East district of Richmond, California, further enhances its appeal
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
| Heating Type |
Electric |
Listing Information
| Address |
3321 Barrett Ave |
| City |
Richmond |
| State |
CA |
| Zip |
94801-2177 |
| County |
Contra Costa |
| Listing Agent |
Jatin Mehta DRE #02045713 |
| Courtesy Of |
Real Brokerage Technologies |
| List Price |
$1,425,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
10,019 |
| Year Built |
1950 |
Listing information courtesy of: Jatin Mehta, Real Brokerage Technologies. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 27th, 2025 at 1:32 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
