Three-Unit Residential Income
2415 Columbia Blvd Richmond, CA 94804
New
For Sale
$1,299,000
Three-unit multifamily property featuring a 3-bedroom, 2-bath unit and two 2-bedroom, 2-bath units.
Property Size4,545 SF
Price / SF$285.81
Days on Market3
Property Features for 2415 Columbia Blvd
General Information
- Standard status
- Active
- Size
- 4,545 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1990
Listing Agency:
Realty ONE Group Elite
(925) 395-8026
Listed By:
Wilfredo Cuevas
(925) 395-8026
Source:
Elliman
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 23 at 8:35AM
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 Realty ONE Group Elite
Investment Insights
Based on property information with market context.
This three-unit residential income property offers Unit A with 3 bedrooms and 2 baths, along with two additional units that each feature 2 bedrooms and 2 baths. The property is described as having a large living area and includes a total of three separate dwelling units within the building.
The property is located next to 580 and 80, providing convenient access for commuting in and out of the area.
As presented, the configuration includes one larger unit alongside two smaller two-bedroom, two-bath units, supporting a straightforward three-unit rental setup within a single building.
The property is located next to 580 and 80, providing convenient access for commuting in and out of the area.
As presented, the configuration includes one larger unit alongside two smaller two-bedroom, two-bath units, supporting a straightforward three-unit rental setup within a single building.
Key Highlights
- Three‑unit multifamily property built in 1990
- Unit A: 3 bed, 2 bath, 2,291 SF
- Two additional units: each is 2 bed, 2 bath, 1,127 SF
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 | $114.5k | $25.20 |
| − Vacancy | −$6.0k | −$1.31 |
| EGI | $108.6k | $23.89 |
| − OpEx | −$32.6k | −$7.17 |
| NOI | $76.0k | $16.72 |
4,545 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$950.1K – $1.27M
NOI $76,005 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$940.6K
$823.0K – $1.10M
NOI $65,839 @ 7.0% cap · market cap 5.07%
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-unit multifamily property featuring a 3-bedroom, 2-bath unit and two 2-bedroom, 2-bath units.
Where is this triplex located?
The property is located at 2415 Columbia Blvd Richmond, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1990; Unit A: 3 bed, 2 bath, 2,291 SF; Two additional units: each is 2 bed, 2 bath, 1,127 SF
