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Multifamily Apartment Building
For Sale
Contact for pricing
Pending

501-507 27th St & 2617-2623 Barrett Ave, Richmond, CA 94805

Multifamily property with six 2-bedroom and two 1-bedroom units, each with assigned carports and storage closets.

Property SizeContact for details
Days on Market142

Property Features for 501-507 27th St & 2617-2623 Barrett Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 8

Amenities

laundry rooms
assigned carports
storage closet
rooftop patios
Listing Agency: KW Commercial Walnut Creek
Listed By: Tom Casazza · License #CA 00707081
Source: Crexi
Added: Apr 12 Changed: Aug 13 Last Checked: Aug 31 at 12:36AM

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 KW Commercial Walnut Creek

Investment Insights

Based on property information with market context.

This multifamily apartment building features eight total units: six 2-bedroom, 1-bath homes and two 1-bedroom, 1-bath homes. Each unit includes an assigned carport and a storage closet. The property also offers two laundry rooms with coin-operated dryers, along with outdoor features that include rooftop patios for two units and sliding glass doors leading to a back area for two units.

The building is located in a classic area of North-East Richmond and sits across the street from City Hall, with the combined addresses listed as 501-507 27th St and 2617-2623 Barrett Ave.

With multiple unit configurations and shared on-site laundry facilities, the property provides a straightforward residential income setup for an investor or owner-operator.

Key Highlights

  • Multifamily with 8 total units: six 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
  • Each unit includes an assigned carport and storage closet
  • Two on‑site laundry rooms with coin‑operated dryers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Gym & Fitness Center Acupuncture Locksmith

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

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,558
Businesses Nearby

Demographics for 94805, CA

14,958
Population
6,076
Households
2.5
Avg Household Size
41
Median Age
44%
College-Educated
86%
High-School Grad
1.9 sq mi
ZIP Area
7,873
Density / Sq Mi
$114,191
Median Household Income
$57,133
Median Earnings
$2,272
Median Rent
$738,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Multifamily property with six 2-bedroom and two 1-bedroom units, each with assigned carports and storage closets.
Where is this apartment building located?
The property is located at 501-507 27th St & 2617-2623 Barrett Ave Richmond, CA.
What are key features of this property?
This property features: Multifamily with 8 total units: six 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Each unit includes an assigned carport and storage closet; Two on‑site laundry rooms with coin‑operated dryers
More about this property
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