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512 S 16th StRichmond, CA 94804

RICHMOND · Contra Costa County

$1,120,000List price
5,192Sq Ft
1964Year built
0.18Acre lot
7 days agoOn market

Description

512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.

Property Information

Property type
Residential Income
Sub-type
Multi Family
Year built
1964
Living area
5,192 Sq Ft
Lot size
0.18 acres
Days on market
7
MLS® Listing#
41149226

Property Features

Appliances
Dryer · Washer · Gas Water Heater
Heating
Natural Gas
Flooring
Laminate · Tile · Carpet
Basement
None
Parking
Covered · Parking Lot
Laundry
Laundry Room
Lot features
Level
Construction
Brick · Stucco
Roof
Shingle
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
5442720164
Bridge MLS logo

Listing Courtesy: Christie's Int'l RE Sereno - 9252808500

Presented by: Brandon Payton

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Connect with a Local Real Estate Expert

  • Albert Sanchez

    Sales Representative

    EXIT Realty Consultants (Modesto North)

  • Jerri Matoza

    Sales Representative

    EXIT Realty Consultants (Modesto North)

  • Karla Coronado

    Sales Representative

    EXIT Realty Consultants (Modesto North)

  • John Hertle

    Associate Broker

    EXIT Realty Consultants (Modesto North)

  • Kris Klair

    Broker of Record

    EXIT Realty Consultants (Modesto North)