Two-Unit Duplex with
1317 Garvin Ave Richmond, CA 94801
For Sale
$1,200,000
Duplex built in 2007 with two similarly sized units, each with a single-car garage.
Property Size3,594 SF
Price / SF$333.89
Days on Market69
Property Features for 1317 Garvin Ave
General Information
- Standard status
- Active
- Size
- 3,594 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2007
Listing Agency:
Better Homes/Jeff Mann&Assoc.
(925) 305-9923
Listed By:
Catonya Ross · License #01215760
(925) 305-9923
Source:
Exitrealty
Added: May 16
Changed: Jul 22
Last Checked: Jul 23 at 8:24AM
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 Better Homes/Jeff Mann&Assoc.
Investment Insights
Based on property information with market context.
This 2007-built duplex contains two units at 1315 and 1317, each with approximately 1,797 square feet and a single-car garage. Unit 1315 offers a 4-bedroom, 3-bath layout, and was recently improved with fresh interior/exterior paint, a newly installed shower in the lower-level bathroom, and upgraded flooring throughout. Unit 1317 provides a 4-bedroom, 2.5-bath configuration.
The property is located within driving distance to BART station, the freeway, and Marina Bay, supporting convenient access for tenants and daily commuting.
The building is set up for owner-occupancy with rental income, with distinct unit configurations and garages attached to each unit.
The property is located within driving distance to BART station, the freeway, and Marina Bay, supporting convenient access for tenants and daily commuting.
The building is set up for owner-occupancy with rental income, with distinct unit configurations and garages attached to each unit.
Key Highlights
- Duplex built in 2007 with two similar units, each about 1,797 SF (+/-) and a single‑car garage
- Two‑unit setup: live in Unit 1315 and rent Unit 1317
- Unit 1315 offers 4 beds/3 baths; freshly painted interior/exterior, new shower in lower‑level bathroom, and upgraded flooring
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 | $90.6k | $25.20 |
| − Vacancy | −$4.7k | −$1.31 |
| EGI | $85.9k | $23.89 |
| − OpEx | −$25.8k | −$7.17 |
| NOI | $60.1k | $16.72 |
3,594 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$858.6K
$751.3K – $1.00M
NOI $60,101 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$743.8K
$650.8K – $867.7K
NOI $52,063 @ 7.0% cap · market cap 4.34%
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
Duplexes
FAQs
What type of property is this?
Duplex - Duplex built in 2007 with two similarly sized units, each with a single-car garage.
Where is this duplex located?
The property is located at 1317 Garvin Ave Richmond, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Duplex built in 2007 with two similar units, each about 1,797 SF (+/-) and a single‑car garage; Two‑unit setup: live in Unit 1315 and rent Unit 1317; Unit 1315 offers 4 beds/3 baths; freshly painted interior/exterior, new shower in lower‑level bathroom, and upgraded flooring
