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$ 1,595,000
Est. payment | /mo
5,966 SqFt
$ 1,595,000
Est. payment | /mo
5,966 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,966 sqft
Price per Sqft $267
Subdivision Central Richmond
MLS Listing ID 41110223
HOA Y/N No
Year Built 1961
Lot Size 8,438 Sqft
Acres 0.19
Property Sub-Type 5 or More Units
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
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Vinyl, Carpet
Fireplace No
Building
Lot Description Level
New Construction No
Others
Tax ID 5402000177
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Tom Coble • Winkler Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "