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Listed by Tom Coble • Winkler Real Estate Group
$1,595,000
Est. payment /mo
2 Beds
2 Baths
5,966 SqFt
New
146 19Th St Richmond, CA 94801
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Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,966 sqft
Price per Sqft $267
MLS Listing ID EB41110223
Bedrooms 2
Year Built 1961
Lot Size 8,438 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
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
Area Richmond - South
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Vinyl, Carpet - Wall to Wall
Exterior
Exterior Feature Stucco
Garage Spaces 9.0
Building
Lot Description Grade - Level
Water Public
Others
Tax ID 540-200-017-7
Special Listing Condition New, Not Applicable
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