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Spanish Style Duplex with Private Garages

1532 Mariposa St Richmond, CA 94804

1532 Mariposa St, Richmond, CA, 94804
$695,000
For Sale
Claim this Listing
$695,000

Move-in ready duplex with separate entries, garages, and private outdoor space in a Richmond Annex setting.

Property Size1,630 SF
Price / SF$426.38
AddedMar 27
Days on Market110
Last RefreshJun 26 at 2:10 am

Property Features for 1532 Mariposa St

General Information

Standard status
Active
Size
1,630 SF
Property subtype
Multi Family

Building Details

Year Built
1925

Listing office Dudum Real Estate Group

Listing date Mar 27, 2026

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 Dudum Real Estate Group


Investment Insights

Based on property information with market context.

This Spanish-style duplex features two end-to-end units, 1532 and 1534, each with its own entry and garage on opposite sides of the property. The property has been freshly painted inside and out and is delivered vacant and move-in ready. Both units offer substantial natural light and private outdoor space, including a huge concrete patio and a private fenced backyard.

Unit 1534 faces south and is a larger two-bedroom layout. It includes a huge living room with a gas fireplace, a bonus room with full-size laundry, a kitchen with stainless appliances, hardwood floors, updated dual-pane windows, and recessed lighting. Unit 1532 faces north and is a one-bedroom, one-bath plan that is described as very private, with an entry well off the street, a large private garage, and its own side yard. Interior features include a full-size washer and dryer, modern barn doors, a large updated eat-in kitchen, classic original built-ins, and a walk-in closet.

Given the separate entries and garages, the property can suit tenants seeking privacy, or buyers looking to live in one unit while renting the other. With convenient access to Hwy 80 and 580, the duplex supports everyday commuting needs for residents.

Key Highlights

  • 1925 classic Spanish‑style duplex with two end‑to‑end units, each with its own entry and garage
  • Freshly painted inside and out and delivered vacant for easy move‑in or immediate occupancy
  • Unit 1534: larger 2BD with huge living room (gas fireplace), bonus room with full‑size laundry, stainless appliances, hardwood floors, recessed lighting

Local 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 $41.1k $25.20
− Vacancy −$2.1k −$1.31
EGI $38.9k $23.89
− OpEx −$11.7k −$7.17
NOI $27.3k $16.72
1,630 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$389.4K
$340.7K – $454.3K (±1% cap)
NOI $27,258 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$337.3K
$295.2K – $393.5K (±1% cap)
NOI $23,612 @ 7.0% cap · market cap 3.40%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Auto Parts Store Catering Service Barber Shop (Bike/Boat/Book/etc) Store Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Move-in ready duplex with separate entries, garages, and private outdoor space in a Richmond Annex setting.
Where is this duplex located?
The property is located at 1532 Mariposa St Richmond, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1925 classic Spanish‑style duplex with two end‑to‑end units, each with its own entry and garage; Freshly painted inside and out and delivered vacant for easy move‑in or immediate occupancy; Unit 1534: larger 2BD with huge living room (gas fireplace), bonus room with full‑size laundry, stainless appliances, hardwood floors, recessed lighting
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