2901 Cutting Boulevard, Richmond, CA 94804
Mixed-use property with retail and residential units, investment opportunity.
- Added:
- Sep 5, 2024
- Days on Market:
- 648
- Last Refresh:
- May 20 at 2:50 am
Property Features for 2901 Cutting Boulevard
General Information
- Standard status
- Active
- Size
- 3,696 SF
- Lot size
- 0.11 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1963
Listing agent Hatim M. Elmashni License #01484398 (650) 670-2887
Listing office Compass (650) 670-2887
Listing date Sep 5, 2024
Source Exitrealty
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 Compass
HighLights
- Solid income generation from mixed‑use property.
- Retail space on the main level.
- Two residential units on the second floor.
- Seller financing options are available.
- Great investment property.
- Built in 1963.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.3k | $27.96 |
| − Vacancy | −$6.0k | −$1.62 |
| EGI | $97.3k | $26.34 |
| − OpEx | −$43.8k | −$11.85 |
| NOI | $53.5k | $14.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Contra Costa
- State
- California
- Longitude
- -122.342
- Latitude
- 37.9255
