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2122 Barrett Avenue

Richmond, CA 94801

– beds
– baths
3,575 sqft
5,624 sqft lot
$285 per sqft
1960 build
– on site

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This isn't just a strong investment opportunity, it could be your new home. This International Style 4-plex in the heart of Richmond with hints of practical Postmodernism, currently has 1 unit vacant. Whether you leverage Fannie Mae's recent lending changes to put 5% down and use 75% of the rental income ($102,000 annually) from the other units towards your qualifying income for the loan when you move in, or you fill the unit at market rate ($2,500) and benefit from it as an investment property, this property is a savvy move for a buy-and-hold investor. It's very clear that property values in Richmond are on the rise (New Ferry terminal to SF) and objective projections for equity appreciation are in the 30-40% range for the years (3-5) ahead. The property income opportunities include a laundry room (currently monitized by lease) 4 storage closets per unit and a carport for 1-2 off-street covered parking spaces per unit. All units are 2 bed 1 bath, and have been remodeled within the last 5 years. A detached 10'X10' Shed onsite opens up other possibilities. BART, shopping and major freeways are all blocks away. Don't let this one pass you by. The opportunity to bet on Richmond and yourself with sweet creamy cash flow on top is right in front of you.

Listing courtesy of METROLIST / Keller Williams Realty

Last checked: Checking… • Last updated Jan 19, 2025 •

MLS# 224088300 —

The Building

Year Built:

1960
Year Built Source:

Assessor Auto-Fill
Construction Materials:

Stucco, Frame
Construction Materials:

#Collection(String)
Architectural Style:

Mid-Century
Architectural Style:

#Collection(String)
Development Status:

#Collection(String)
Structure Type:

#Collection(String)
Subtype Description:

#Collection(String)
Stories Total:

2
Stories:

2
Levels:

Two
Levels:

#Collection(String)
Upper Level:

#Collection(String)
Main Level:

#Collection(String)
Lower Level:

#Collection(String)
Roof:

Tar/Gravel, Flat
Roof:

#Collection(String)
Basement:

#Collection(String)
Foundation Details:

Raised
Foundation Details:

#Collection(String)
Building Features:

#Collection(String)
Exterior Features:

Fenced Yard, Yard Space, Play Area
Exterior Features:

#Collection(String)
Window Features:

Dual Pane Full
Window Features:

#Collection(String)
Patio And Porch Features:

#Collection(String)
Accessibility Features:

#Collection(String)

Interior

Interior Features:

Storage Area(s)
Interior Features:

#Collection(String)
Flooring:

Carpet, Laminate
Flooring:

#Collection(String)
Fireplace Features:

#Collection(String)
Laundry Features:

Coin Operated, Washer/Dryer Leased
Laundry Features:

#Collection(String)

Room Dimensions

Living Area:

3575.0
Living Area Source:

Assessor Auto-Fill

Financial & Terms

Lease Type:

Net
Tenant Pays:

Electricity, Gas, Water
Lease Info:

#Collection(String)
Lease Type:

#Collection(String)
Lease Includes:

#Collection(String)
Rent Includes:

#Collection(String)
Owner Pays:

#Collection(String)
Tenant Pays:

#Collection(String)
Pets Allowed:

#Collection(String)

Location

Directions:

Barrett ave and 21st street.

The Property

Parcel Number:

514-110-003-1
Property Type:

Residential Income
Property Sub Type:

Quadruplex
Property Condition:

Updated/Remodeled
Property Condition:

#Collection(String)
Lot Features:

Sidewalk
Lot Features:

#Collection(String)
Lot Size Acres:

0.1291
Lot Size Dimensions:

W Contra Costa
Lot Size Square Feet:

5624.0
Lot Size Units:

Acres
Lot Size Source:

Assessor Auto-Fill
Land Lease:

false
View:

#Collection(String)
Zoning:

Residential
View:

City Lights, Downtown
Topography:

Level,Level
Current Use:

#Collection(String)
Possible Use:

#Collection(String)
Vegetation:

#Collection(String)
Fencing:

#Collection(String)
Horse:

false
Horse Amenities:

#Collection(String)
Crops:

#Collection(String)
Soil:

#Collection(String)
Land Use:

#Collection(String)
Irrigation Source:

None
Frontage Type:

#Collection(String)
Road Surface Type:

#Collection(String)
Road Frontage Type:

#Collection(String)
Road Responsibility:

#Collection(String)
Driveway Sidewalks:

#Collection(String)

Listing Agent

Contact info:

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Separate
Heating:

#Collection(String)
Cooling:

Wall Unit(s), None
Cooling:

#Collection(String)

Utilities

Utilities:

Natural Gas Connected, City, Electric
Utilities:

#Collection(String)
Electric:

#Collection(String)
Sewer:

Public Sewer
Sewer:

#Collection(String)
Water Source:

Meter Available, Water District, Public
Water Source:

#Collection(String)
Green Energy Efficient:

#Collection(String)

Appliances

Appliances:

#Collection(String)

Schools

Elementary School District:

West Contra Costa Unified
Middle Or Junior School District:

West Contra Costa Unified
High School District:

West Contra Costa Unified

The Community

Senior Community:

false
Community Features:

#Collection(String)
Spa:

false
Spa Features:

#Collection(String)
Pool Private:

false
Pool Features:

#Collection(String)
Association Amenities:

#Collection(String)
Association:

false
Association Fee Includes@odata.type

#Collection(String)

Parking

Carport Spaces:

4.0
Covered Spaces:

4.0
Parking Total:

4.0
Parking Type:

#Collection(String)
Parking Access:

#Collection(String)
Parking Features:

Carport, Covered
Parking Features:

#Collection(String)

Extra Units

Unit 1 Type:

#Collection(String)
Unit 1 Full Baths:

1
Unit 1 Bedrooms:

2
Unit 2 Bedrooms:

2
Unit 2 Full Baths:

1
Unit 1 Approx Sq Ft:

850
Unit 2 Type:

#Collection(String)
Unit 2 Approx Sq Ft:

850
Unit 3 Type:

#Collection(String)
Unit 3 Bedrooms:

2
Unit 3 Full Baths:

1
Unit 3 Approx Sq Ft:

850
Unit 4 Type:

#Collection(String)
Unit 4 Bedrooms:

2
Unit 4 Full Baths:

1
Unit 4 Approx Sq Ft:

850
Other Units:

#Collection(String)

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/17/25 Jan 17, 2025	Sold	METROLIST	$1,020,000

Multifamily Sold on 1/17/2025

$1,020,000

Listing provided by broker:

Adam Garrett-Clark

Keller Williams Realty

Newest listings in Richmond, CA

Similar sold homes

Listing courtesy of Keller Williams Realty

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2122 Barrett Avenue

Richmond, CA 94801