512 S 16th St, Richmond, CA 94804
- $1,100,000
- 5,192
- SqFt
- List Price
- $1,100,000
- Status
- PENDING
- MLS#
- 41149226
- Price Change
- ▼ $20,000 1791308377
- Closing Date
- Nov 03, 2026
- Year Built
- 1964
- Property Type
- Apt Complex
- Living Area
- 5,192
- Lot Size
- 8,010
- Acres
- 0.18
- County
- Contra Costa
- Subdivision
- Richmond
Property Description
512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.
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Additional Information
- Appliances
- Dryer, Washer
- Exterior
- Brick, Stucco
- Flooring
- Laminate, Tile, Carpet
- Laundry Features
- Dryer, Laundry Room, Washer
- Lot Description
- Level
- Parking Features
- Carports - 2 Or More, Covered, Parking Lot
- Roof
- Composition Shingles
- Water Sewer
- Public
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Listing courtesy of Brandon Payton from Christie's Int'l RE Sereno. 925-967-8737
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