Comm Ri Multi-units 5+ For Sale
0.54 Acre - 2808 MacDonald Ave, RICHMOND, California 94804-3053
Property Description
*** Offer due: Monday, 07/19/21 at 2:00PM***Nicholl Court apartment buildings located in Central Richmond, at the corner of MacDonald Ave & 28th Street. 10 fourplex have 40 units in total. Newly state of art Civic Center is just a block away. Walking distance to transit, shops, restaurants, etc. A large public park adjacent to subject property offers tennis courts, skateboard playground, children playground, community center and much more…There were 3 vacany units, but two has been rented out recently for $1,645. There is only one unit is vacant now and another one coming up. They will be renting for $1,645 as well. All of these will turn Gross income from $409,000 (year of 2020) to over $468,000.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40958154
Price : $6,180,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.54 Acre
Year Built : 1962
Lot Area : 0 Sqft
Features
Heating System : Wall Furnace
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Contra Costa
City : RICHMOND
Zipcode : 94804-3053
Street : MacDonald Ave
Street Number : 2808
Floor Number : 0
Longitude : W123° 39' 29.8''
Latitude : N37° 56' 4.9''
MLS Addon
Office Name : Feagley Realtors
Building Type : Apt Complex
Area : Richmond - North & East
Address : 2808 MacDonald Ave
Cross Street : 28th St.
Directions to Property : Hwy 80 to 23rd st to MacDonald
LA1User Code : R01177424
LA1Agent First Name : SANA
LA1Agent Last Name : WEN
Status Category : Sold
Tot # Parking Spaces : 27
Tot # of Units : 40
List $/SqFt : $263
Age : 59
Apx Lot Sq Ft : 0 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio
EQUIPMENT ADDITIONAL : Smoke Detector, Carbon Mon Detector
EXTERIOR : Stucco
FLOORING : Laminate
LOT DESCRIPTION : Level, Corner
ON-SITE PARKING DESC : Parking Area, Off Site Parking, Converted Garage
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
Census Tract : none
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $142,444
2nd Loan Balance : $394,452
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Property Manager, Rental Agreement
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $6,180,000
Sold Price : $5,600,000
Previous Price : $6,180,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 409000
Annual Gross Sched Inc : 0
Net Oper Income : 288745
Annual Mgmt Exp : 0
Annual License Exp : 2617
Annual Util Exp : 37389
Other Ann Exp : 51486
Tot Ann Oper Exp : 159988
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01177424
ZIDX Only Street Name : MacDonald Ave
Buyer Agent DRE Num. : 01177424
Co List Agent DRE Num. : 01177424
List Agent DRE Num. : 01177424
LA1Agent License ID : 01177424
SA1Agent First Name : SANA
SA1Agent Last Name : WEN
SA1Agent License ID : 01177424
SA1User Code : R01177424
Annual Vacancy : 3
Gross Income : 409000
Listing Broker DRE Numbe : 00777442
Sale/Original $ : 91
Annual Exp Yr : 159988
Sale $/SqFt : 238
1st - Yrs Remaining : 0
Sale/Last List $ : 91
Interest Rate : 0
Board ID : Bridge AOR
Managers Unit : 1
Assessors Parcel No : 515-420-013
Showing : call listing agent
SO1Office Abbreviation : OBBFMII
SO1Office Name : Feagley Realtors
LO1Main Office ID : 6753
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 6753
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 : 5600000
Address Search Number : 2808
Listing Agent : 306935
Listing Office : 6753
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 306935
Buying Office 1 : 6753
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 12
Input Date : 10/07/2021 00:57:14
Update Date : 21/10/2021 16:37:12
PhotoTimestamp : 21/10/2021 16:37:16
First Photo Add Timestamp : 10/07/2021 00:57:15
List Date : 09/07/2021
Expire Date :
Pending Date : 31/07/2021
Closing Date : 20/10/2021
Status Date : 21/10/2021
Price Date : 21/10/2021
Off Market Date : 31/07/2021
Status : Sold
Dual Variable : Yes
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 09/07/2021
DOMLS : 22
Cumulative DOMLS : 22
