3321 Barrett Ave., Richmond, CA 94801 - 41087307 - iPro Real Estate

3321 Barrett Ave.
Richmond, CA 94801

Active, Multi-Family/Income Sale

New Listing
For Sale

$1,425,000 $265.51 per sqft

Free Professional CMA

Listing ID : 41087307

  • Structure / Lot Size

    5,367 Sqft / 0.2300 Acre
  • Year

    1950

Description

To access the marketing package copy/paste: https://bit.ly/kitehillre. 3321 Barrett Ave is a well-maintained 6-unit building built in the 1950s, offering an attractive investment opportunity. The property consists of a four-unit building with four 2-bedroom units, along with a duplex featuring two 1-bedroom units. Each unit offers ample space, with the 2-bedroom units close to 1,000 square feet and the 1-bedroom units just under 800 square feet. On average, each unit spans nearly 900 square feet. The building is separately metered for water, gas, and electricity, which helps keep operating expenses low for the new owner. Currently, the property generates over $10,000 per month with over 30% upside in gross rents and nearly 50% upside in net operating income. Many of the units have been recently updated, including upgrades to electrical panels and windows, while the exterior has been meticulously maintained with freshly paved garage areas and well-kept brick trim. The result is a perfect blend of vintage charm and modern living. The property is also well-equipped for tenants, with six garages and additional off-street parking spaces available. Its prime location in the desirable North & East district of Richmond, California, further enhances its appeal

Details

Type: Multi-Family/Income Sale 
Subdivision: Other Area 
County: Contra Costa 
Tax ID: 516-050-010-3
Building Size: 5,367 SqFt 
Days on Market: 1 
AltCal ID: MR41087307 
Flooring: Carpet - Wall to Wall 
Number of Units: 6 
Parking Spaces: 6 
Property Type: Commercial Sale 
Sewer: Sewer - Public 
Sub Type: Five or More Units 

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Interactive

37.937092 -122.336563 $1,425,000 41087307
3321 Barrett Ave., Richmond, CA 94801
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Listed by Jatin Mehta with Real Brokerage Technologies

Based on information from the MLSListings MLS) as of 2/27/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 2/27/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes