3321 Barrett Ave, Richmond, CA 94801 - Berkshire Hathaway HomeServices California Properties

3321 Barrett Ave, Richmond, CA 94801

$1,275,000 Approx. USD 0 beds, 0 baths

Listing Agent


Jatin Mehta | jat@teamkitehill.com
Lic#: 02045713
Broker: Courtesy of Kite Hill Real Estate

Agent Remarks

To access the marketing package copy/paste: https://bit.ly/kitehillre. 3321 Barrett Ave is a well-maintained 6-unit building built in the 1950s, offering an attractive investment opportunity. The property consists of a four-unit building with four 2-bedroom units, along with a duplex featuring two 1-bedroom units. Each unit offers ample space, with the 2-bedroom units close to 1,000 square feet and the 1-bedroom units just under 800 square feet. On average, each unit spans nearly 900 square feet. The building is separately metered for water, gas, and electricity, which helps keep operating expenses low for the new owner. Currently, the property generates over $10,000 per month with over 30% upside in gross rents and nearly 50% upside in net operating income. Many of the units have been recently updated, including upgrades to electrical panels and windows, while the exterior has been meticulously maintained with freshly paved garage areas and well-kept brick trim. The result is a perfect blend of vintage charm and modern living. The property is also well-equipped for tenants, with six garages and additional off-street parking spaces available. Its prime location in the desirable North & East district of Richmond, California, further enhances its appeal

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41087307
List price is $1,275,000 Reduced by $150,000 on 4/11/2025
Price: $1,275,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1950
0.23 acres
Lot size: 0.2300
County: Contra Costa
Construction: Stucco
Lot description: Corner Lot
Heating/cooling: None
Heating description: Electric

Last Updated: 4/25/2025

 Days On Market (DOM): 64

 Find more Richmond homes and real estate

 Find more homes in 94801 zip code

Lat/Long: 37.937189, -122.336552.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

94801 Area Map

Demographics

Schools

Near by

Similar Listings