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$ 1,595,000
Est. payment | /mo
8,437 Sqft Lot
$ 1,595,000
Est. payment | /mo
8,437 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Subdivision Central Richmond
MLS Listing ID 41110223
HOA Y/N No
Year Built 1961
Lot Size 8,437 Sqft
Property Description
Exceptional investment opportunity in the East Bay rental market. 146 19th Street is a well-maintained 9-unit apartment building located in a convenient Richmond neighborhood with close proximity to BART, freeways, shopping, and local amenities. The property offers a desirable mix of eight, 2-bedroom/1-bath units and one studio, appealing to a broad tenant base. A soft-story seismic retrofit was completed with permits in 2025, and the sewer lateral is in full compliance, reducing ownership risk and future expense. Each unit benefits from one gated parking space, and the building features an on-site coin-operated laundry facility that provides both convenience for residents and supplemental income. Half of the units have been upgraded, while others offer clear value-add potential through renovation. With strong rental demand, stable tenancy, and key capital improvements already completed, this property delivers both reliable income and long-term appreciation potential. Offered at a 6.17% Cap Rate.
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Total Parking Spaces 9
Building
Lot Description Street Level
Others
Tax ID 5402000177
Virtual Tour https://www.146-19th.com
Listed by Tom Coble Winkler Real Estate Group
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