146 19Th St new

Richmond,CA 94801

$ 1595000

- Bed

0 Bath

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

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

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