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1917 Chanslor Ave

Richmond, CA 94801
  • $1,100,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: 41037059
UPDATED: 104 min ago
$1,100,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1984
County:

School Ratings & Info

Listing Agent(s): Chuck Barberini of Exp Realty Of California Inc. (888-584-9427)


Description

Due to raising interest rates the seller would be willing to contribute to a rate buy down on this exceptional 4 Plex in the heart of Richmond. This building is fully occupied with solid long-term tenants. This property also features a bonus nonconforming studio unit, bringing the total unit count to five, making it a truly unique investment prospect. Three of the units are 2-bedroom 1-bathroom and offer an open floor plan, with ample living space. The one ground floor unit is a 3-bedroom 1-1/2-bathroom with a sizable backyard. Each of the four units comes with single-car garages for off-street parking and additional storage. Additionally, the property has been upgraded with newer dual-pane windows throughout, enhancing energy efficiency and providing a modern touch to the aesthetics of the building. The property includes a dedicated laundry room with owner-owned machines, a convenience for tenants but also generating supplementary income. Ideally situated within close proximity to the BART. It is also conveniently located near shopping centers and the Kaiser medical facility, offering easy access to essential amenities.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142764451
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1917 Chanslor Ave Richmond, CA 94801

  • Price: $1,100,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 104 min ago
  • ID#: 41037059
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1984
Built
Neighborhood:
South Richmond
County:
Contra Costa
Property Description
Due to raising interest rates the seller would be willing to contribute to a rate buy down on this exceptional 4 Plex in the heart of Richmond. This building is fully occupied with solid long-term tenants. This property also features a bonus nonconforming studio unit, bringing the total unit count to five, making it a truly unique investment prospect. Three of the units are 2-bedroom 1-bathroom and offer an open floor plan, with ample living space. The one ground floor unit is a 3-bedroom 1-1/2-bathroom with a sizable backyard. Each of the four units comes with single-car garages for off-street parking and additional storage. Additionally, the property has been upgraded with newer dual-pane windows throughout, enhancing energy efficiency and providing a modern touch to the aesthetics of the building. The property includes a dedicated laundry room with owner-owned machines, a convenience for tenants but also generating supplementary income. Ideally situated within close proximity to the BART. It is also conveniently located near shopping centers and the Kaiser medical facility, offering easy access to essential amenities.
Exterior Features

Construction Materials Wood Siding Lot Features Back YardStreet Level Parking Features Garage Parking Total 4 Roof Shingle

Interior Features

Flooring CarpetTile Heating Wall Furnace Heating YN Yes

Property Features

Garage YN Yes Gross Scheduled Income 78879 Insurance Expense 1700 Listing Service Full Service Listing Terms Conventional Net Operating Income 61820 Operating Expense 15901 Other Expense 2018 Possession Close Of Escrow Property Sub Type Quadruplex Sewer Public Sewer Tenant Pays Gas



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Chuck Barberini of Exp Realty Of California Inc. (888-584-9427)