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Two Homes on One Lot
For Sale
$1,030,000

5312 Sacramento Ave, Richmond, CA 94804

Rare opportunity: two well-maintained homes on one lot.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market150

Property Features for 5312 Sacramento Ave

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype Investment

Building Details

Year Built 1953
Listing Agency: Frank T. Hennefer, Broker
Listed By: Frank Hennefer · License #00852682
Source: Elliman
Added: Mar 10 Changed: Jul 6 Last Checked: Jul 6 at 10:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frank T. Hennefer, Broker

Investment Insights

Based on property information with market context.

This property features two houses on one lot, presenting a unique opportunity. Under the same family ownership since the 1950s, the parcel originally had one home. The owner's father moved a house from where the 80 Freeway was being developed to this current lot back in the late 50's. Both units have been improved over time with newer forced-air furnaces, water heaters, double-pane windows, updated LED lighting, and electrical systems. One unit has refinished hardwood floors, insulation, a newer furnace and water heater, a full basement, and some earthquake retrofitting. The other unit features a finished basement and a newer furnace and water heater. Separate water, gas, and electric meters serve each unit. Electric main and interior sub panels have been updated, and EV outlets are installed in the garages. The interiors are very well kept.

Key Highlights

  • Two houses on one lot in the Annex, offering unique extended family living or rental income potential.
  • Separate utility meters (water, gas, and electric) for each unit, simplifying management and tenant billing.
  • Recent upgrades including newer furnaces, water heaters, double pane windows, LED lighting, and updated electrical systems in both units.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Catering Service (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

893
Businesses Nearby

Demographics for 94804, CA

45,108
Population
16,659
Households
2.7
Avg Household Size
37
Median Age
32%
College-Educated
78%
High-School Grad
6.5 sq mi
ZIP Area
6,940
Density / Sq Mi
$86,430
Median Household Income
$46,473
Median Earnings
$1,825
Median Rent
$618,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Rare opportunity: two well-maintained homes on one lot.
Where is this duplex located?
The property is located at 5312 Sacramento Ave Richmond, CA.
What is the asking price?
The asking price for this property is $1,030,000.
What are key features of this property?
This property features: Two houses on one lot in the Annex, offering unique extended family living or rental income potential.; Separate utility meters (water, gas, and electric) for each unit, simplifying management and tenant billing.; Recent upgrades including newer furnaces, water heaters, double pane windows, LED lighting, and updated electrical systems in both units.
More about this property
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