Three-Unit Residential Income
417 S 25Th St Richmond, CA 94804
New
For Sale
$797,000
Three updated units are delivered vacant with four covered parking spaces, an on-site laundry room, and a shared backyard.
Property Size3,002 SF
Lot Size0.13 Acres
Price / SF$265.49
Days on Market4
Property Features for 417 S 25Th St
General Information
- Standard status
- Active
- Size
- 3,002 SF
- Lot size
- 0.13 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1961
Listing Agency:
Serhant California, Inc
(510) 335-9095
Listed By:
Daniel Donate · License #02009961
(510) 335-9095
Source:
Exitrealty
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 23 at 7:00AM
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 Serhant California, Inc
Investment Insights
Based on property information with market context.
This 3,002-square-foot multifamily property is configured as a three-unit residential income building, with all units delivered vacant. Each unit has been nicely updated, providing ready-to-rent appeal and flexibility for an owner-occupant or investor looking to renovate from day one. The property includes an on-site laundry room, a large shared backyard, and four covered parking spots.
Located at 417 S 25th St in Richmond, the property is described as being minutes from multiple freeways, with access to local restaurants and green space. It’s also noted to be close to the charm of Point Richmond and the Richmond Marina.
With three separate units, covered parking, and shared outdoor space, this property offers a straightforward residential income setup designed for comfortable resident living and convenient day-to-day operations.
Located at 417 S 25th St in Richmond, the property is described as being minutes from multiple freeways, with access to local restaurants and green space. It’s also noted to be close to the charm of Point Richmond and the Richmond Marina.
With three separate units, covered parking, and shared outdoor space, this property offers a straightforward residential income setup designed for comfortable resident living and convenient day-to-day operations.
Key Highlights
- 3,002 sq ft multi‑family property built in 1961 on a 5,600 sq ft lot
- All 3 units will be delivered vacant for move‑in, rent‑out, or renovation flexibility
- Each unit has been updated
Financial Insights For Multifamily LT 5
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 | $75.7k | $25.20 |
| − Vacancy | −$3.9k | −$1.31 |
| EGI | $71.7k | $23.89 |
| − OpEx | −$21.5k | −$7.17 |
| NOI | $50.2k | $16.72 |
3,002 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$717.2K
$627.5K – $836.7K
NOI $50,202 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$621.2K
$543.6K – $724.8K
NOI $43,487 @ 7.0% cap · market cap 5.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three updated units are delivered vacant with four covered parking spaces, an on-site laundry room, and a shared backyard.
Where is this triplex located?
The property is located at 417 S 25Th St Richmond, CA.
What is the asking price?
The asking price for this property is $797,000.
What are key features of this property?
This property features: 3,002 sq ft multi‑family property built in 1961 on a 5,600 sq ft lot; All 3 units will be delivered vacant for move‑in, rent‑out, or renovation flexibility; Each unit has been updated