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Just Listed | 6.39% CAP | 4 Units | Richmond 5307-5309 Columbia 4 Unit Apartment Building $1,478,904 CAD ($369,726 CAD/Unit) Richmond, CA 94804
Investment Highlights
- Desirable Unit Mix that Offers Long Term Investment Potential
- Individually Metered for Gas, Water, and Electric
- On-Site Parking with Private Patio
- (2) One Bedroom One Bathroom Units | (1) Two Bedrooms One Bathroom Unit | (1) Three Bedroom Two Bathroom Unit
- Each Unit Features a Private Washer and Dryer
- Easy Access to Major Transportation, Shopping, Dining, and Local Amenities
Executive Summary
Introducing 5307 Columbia Avenue, an exceptional four-unit investment opportunity in Richmond, California. Built in 1954, this well-maintained 3,336-square-foot multifamily property offers a desirable unit mix consisting of two one-bedroom, one-bath units, one two-bedroom, one-bath unit, and one spacious three-bedroom, two-bath unit. Designed with both tenant comfort and investor efficiency in mind, each unit features its own washer and dryer, updated cabinetry and countertops, and a private patio. The property also offers on-site parking, mature landscaping, and individual metering for water, gas, and electricity, helping to reduce operating expenses and simplify utility management. Zoned RM-1, this property presents an outstanding opportunity for investors seeking stable cash flow with long-term upside potential. Its attractive unit mix, well-maintained condition, and convenient Richmond location make it a strong addition to any multifamily portfolio.
Please DO NOT DISTURB Occupants.
Disclosures: https://app.disclosures.io/link/5307-Columbia-Avenue-pypwouwj
SUBMIT OFFERS HERE: Offers will be reviewed upon receipt. https://app.disclosures.io/link/5307-Columbia-Avenue-pypwouwj
Please DO NOT DISTURB Occupants.
Disclosures: https://app.disclosures.io/link/5307-Columbia-Avenue-pypwouwj
SUBMIT OFFERS HERE: Offers will be reviewed upon receipt. https://app.disclosures.io/link/5307-Columbia-Avenue-pypwouwj
Property Facts
| Price | $1,478,904 CAD | Lot Size | 0.16 AC |
| Price Per Unit | $369,726 CAD | Building Size | 3,338 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Parking Ratio | 0.5/1,000 SF |
| Building Class | C | ||
| Zoning | N/Av, Richmond | ||
| Price | $1,478,904 CAD |
| Price Per Unit | $369,726 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,338 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 0.5/1,000 SF |
| Zoning | N/Av, Richmond |
Amenities
Unit Amenities
- Storage Space
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
| 3+1 | 1 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 510-095-013-7 | Improvements Assessment | $268,460 CAD |
| Land Assessment | $485,068 CAD | Total Assessment | $753,528 CAD |
Property Taxes
Parcel Number
510-095-013-7
Land Assessment
$485,068 CAD
Improvements Assessment
$268,460 CAD
Total Assessment
$753,528 CAD
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Just Listed | 6.39% CAP | 4 Units | Richmond | 5307-5309 Columbia
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