Introducing 5307 Columbia Avenue, an exceptional four-unit investment opportunity in Richmond, California. Built in 1954, this well-maintained 3,336-square-foot multifamily property offers a desirable unit mix consisting of two one-bedroom, one-bath units, one two-bedroom, one-bath unit, and one spacious three-bedroom, two-bath unit. Designed with both tenant comfort and investor efficiency in mind, each unit features its own washer and dryer, updated cabinetry and countertops, and a private patio. The property also offers on-site parking, mature landscaping, and individual metering for water, gas, and electricity, helping to reduce operating expenses and simplify utility management. Zoned RM-1, this property presents an outstanding opportunity for investors seeking stable cash flow with long-term upside potential. Its attractive unit mix, well-maintained condition, and convenient Richmond location make it a strong addition to any multifamily portfolio.
| MLS # | 41142263 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1954 |
| Days On Site | 45 |
| Listing Provided By | Oak Tree Property Group | Stephen Pagones |
| Car Port | Yes |
|---|---|
| Units | 4 |
| Acreage | 0.16 |
| Heating | Natural Gas, Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Roof | Shingle |
|---|---|
| Lot Features | Back Yard, Front Yard, Yard |
| Parking Features | Carport, Garage |
|---|---|
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Contra Costa |
| City | Richmond |
| Zip Code | 94804 |
| Community Name | RICHMOND |
| Listing VS Median (in RICHMOND) | |
Price: $1,050,000 low | high Med: $497,000 On site: 45 low | high Med: 76.5 | |
| State | CA |
|---|---|
| County | Contra Costa |
| City | Richmond |
| Zip Code | 94804 |
| Community Name | RICHMOND |
| Listing VS Median (in RICHMOND) | |
Price: $1,050,000 low | high Med: $497,000 On site: 45 low | high Med: 76.5 | |
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