Comm Ri Multi-units 5+ For Sale
5,132 Sqft - 40 18Th St, RICHMOND, California 94801
Property Description
5.7% CAP RATE!!!! 6 units consisting of five 2BR/1BA and one 1BR/1BA with attached private garages. 2016 renovated building: seismically retrofitted, new roof, new insulation and stucco, new dual pane windows, new garage doors. Some units have been remodeled. Nice side yard. Only five blocks from Richmond BART and located right off the Richmond Greenway Trail.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40885180
Price : $1,095,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,132 Sqft
Year Built : 1961
Lot Area : 0.13 Sqft
Features
Heating System : Gas, Wall Furnace
View : City Lights
Roof : Unknown
Address Map
Country : US
State : CA
County : Contra Costa
City : RICHMOND
Zipcode : 94801
Street : 18Th St
Street Number : 40
Floor Number : 0
Longitude : W123° 38' 51''
Latitude : N37° 55' 56''
MLS Addon
Office Name : WINKLER REAL ESTATE GROUP
Building Type : Apt Complex
Area : Richmond - South
Address : 40 18Th St
Cross Street : Chanslor
Directions to Property : Chanslor to 18th St.
LA1User Code : R01248377
LA1Agent First Name : Stefan
LA1Agent Last Name : Brunnschweiler
Status Category : Sold
Tot # Parking Spaces : 6
Tot # of Units : 6
Zoning : MFR1
List $/SqFt : $213
Age : 59
Apx Lot Sq Ft : 5,625 Sqft
Type of Building : Apt Complex
Annual Taxes : $14,826
Total Deposits : $0
ADDTL FEATURES MISC. : Greenbelt, Play Area
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Water Heater Gas
EXTERIOR : Stucco, Wood Frame, Dual Pane Windows
FLOORING : Hardwood Flrs Throughout
LOT DESCRIPTION : Regular, Corner
ON-SITE PARKING DESC : Attached Garage, Spaces - Assigned, Space Per Unit - 1
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Accounting/legal, License/ads, Property Tax/assessments, Trash Removal, Utilities, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
ENERGY SAVING FEATURE : Walls Insulated, Insulation - Per Owner, Energy Star Windows Doors
LAUNDRY : Community Facility, Coin Operated, Laundry Equip - Owned
Census Tract : 3770.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Arm
Other Loans (Y/N) : No
1st Loan Balance : $1,141
2nd Loan Balance : $83,687
Tot Other Loans : $2,283
Financial Data Verif(Y/N) : 7.3
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $995,000
Sold Price : $1,085,000
Previous Price : $1,005,000
Concessions : $10,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 85970
Annual Gross Sched Inc : 97970
Net Oper Income : 73500
Annual Mgmt Exp : 0
Annual License Exp : 2090
Annual Util Exp : 6020
Other Ann Exp : 0
Tot Ann Oper Exp : 25380
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 1303
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01090765
Sale COOP : LA & SA same office
ZIDX Only Street Name : 18Th St
Buyer Agent DRE Num. : 01090765
Co List Agent DRE Num. : 01248377
List Agent DRE Num. : 01248377
LA1Agent License ID : 01248377
SA1Agent First Name : Daniel
SA1Agent Last Name : Winkler
SA1Agent License ID : 01090765
SA1User Code : ML7886
SA1NRDS_ID : 183501857
Annual Vacancy : 0
Gross Income : 85970
Listing Broker DRE Numbe : 01090765
Sale/Original $ : 109
Annual Exp Yr : 0
Sale $/SqFt : 211
1st - Yrs Remaining : 0
Sale/Last List $ : 99
Interest Rate : 0
Board ID : OAKLAND BERKELEY
Assessors Parcel No : 540-370-005-6
Showing : call LA
SO1Office Abbreviation : ML39738
SO1Office Name : Winkler Real Estate Group
LO1Main Office ID : 9882
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 33883
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 1085000
Address Search Number : 40
Listing Agent : 7297
Listing Office : 9882
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 121726
Buying Office 1 : 33883
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 12
Input Date : 09/10/2019 17:42:25
Update Date : 10/03/2021 15:17:55
PhotoTimestamp : 15/05/2020 16:25:39
First Photo Add Timestamp : 09/10/2019 17:42:27
List Date : 09/10/2019
Expire Date :
Pending Date : 14/02/2020
Closing Date : 14/05/2020
Status Date : 15/05/2020
Price Date : 15/05/2020
Off Market Date : 14/02/2020
Status : Sold
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 09/10/2019
DOMLS : 128
Cumulative DOMLS : 128
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 2
Unit # 1 Air Cond.: No
Unit # 1 Approx. SqFt: 720
Unit # 1 Dining Room: Yes
Unit # 1 Fireplace: No
Unit # 1 Parking Spaces: 1
Unit # 1 Range Oven: Yes
Unit # 1 Refrigerator: Yes
Unit # 1 Rent: 992.61
Unit 1 # Units This Type?: 1
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 1
Unit # 2 Air Cond.: No
Unit # 2 Approx. SqFt: 860
Unit # 2 Dining Room: No
Unit # 2 Fireplace: No
Unit # 2 Parking Spaces: 1
Unit # 2 Range Oven: Yes
Unit # 2 Refrigerator: Yes
Unit # 2 Rent: 1500
Unit 2 # Units This Type?: 1
Unit # 3 # of Bathrooms: 1
Unit # 3 # of Bedrooms: 2
Unit # 3 Air Cond.: No
Unit # 3 Approx. SqFt: 759
Unit # 3 Dining Room: No
Unit # 3 Fireplace: No
Unit # 3 Parking Spaces: 1
Unit # 3 Range Oven: Yes
Unit # 3 Refrigerator: Yes
Unit # 3 Rent: 2000
Unit 3 # Units This Type?: 1
Unit # 4 # of Bathrooms: 1
Unit # 4 # of Bedrooms: 2
Unit # 4 Air Cond.: No
Unit # 4 Approx. SqFt: 750
Unit # 4 Dining Room: No
Unit # 4 Fireplace: No
Unit # 4 Parking Spaces: 1
Unit # 4 Range Oven: Yes
Unit # 4 Refrigerator: Yes
Unit # 4 Rent: 992.61
Unit 4 # Units This Type?: 2
Unit # 5 # of Bathrooms: 1
Unit # 5 # of Bedrooms: 2
Unit # 5 Air Cond.: No
Unit # 5 Approx. SqFt: 759
Unit # 5 Dining Room: No
Unit # 5 Fireplace: No
Unit # 5 Parking Spaces: 1
Unit # 5 Rent: 2000
Unit 5 # Units This Type?: 1
