Christopher Danesi at RE/MAX Accord - 925.998.7426
East Bay Condo ManiaMLS: 41136845 $1,250,000 Beds / Baths
MLS #: 41136845 Status: ACTIVE List Price: $1,250,000 Price SQFT: $260 City: RICHMOND
Beds: Baths: SqFt: 4814 Year: 1963 Zip: 94804
Listing Remarks
www.410s34th.com; 6-unit apartment complex with excellent current cash flow and strong upside. The current cap rate is 7.90% and the current GRM is 8.86%. The unit mix is ideal and includes six 2bd/1bth units and is nearly 100% occupied. The property was originally built in 1963, offers approximately 4,814 square feet of living space, and sits on 7,875 square feet lot with off-street parking for all tenants. The property is separately metered for water, gas, and electric providing for low annual operating expenses. The units have been remodeled over time and offer a mix of updated kitchens and bathrooms with wood floors, double pane windows, and new paint. The owner manages self-manages the building and all the tenants are nice and current on rent. The exterior and interior are in great condition with no deferred maintenance. The neighborhood is comprised of mostly single-family homes with few other apartment buildings reducing local inventory. There are many local restaurants and shopping options nearby with easy access to HWY580 and HWY80 making this a high-demand location for tenants. Vacant units rent fast and tenants stay for long periods of time making this an ideal investment location.
Address: 410 S 34TH ST RICHMOND CA 94804
Listing Agent: DAVID HOWARTH of THE PINZA GROUP, INC
Listing Photos
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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2026-06-02
