Duplex with Vacant
For Sale
$589,000
3008 Center Avenue, Richmond, CA 94804
Residential Income, Richmond, CA
Property Size1,614 SF
Lot Size0.12 Acres
Price / SF$364.93
Days on Market119
Property Features for 3008 Center Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1
Parking features
Off Street
Exterior features
Landscape Front
Appliances
Dryer, Gas Water Heater
Subdivision
Pullman Park
Directions
From Carlson blvd, turn right on center ave..
Standard status
Active
APN
5130350126
Size
1,614 SF
Lot size
0.12 Acres
Utilities
Heating system
Wall Furnace
Building Details
Year built
1940
Number of units
2
Flooring type
Carpet, Linoleum
Building materials
Stucco, Wood Siding
Roof type
Tar/Gravel
Listing Agency:
Keller Williams Realty
(925) 934-2900
Listed By:
Emilio Quinonez
(510) 813-1241
Added: Jun 18
Changed: Sep 16
Last Checked: Oct 14 at 11:06AM
MLS# 41138834
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 3008 Center Avenue, this duplex contains 1614 square feet on a 0.1159-acre lot. One unit is vacant and move-in ready, with only minor cosmetic work identified in the property information. The building dates to 1940 and features stucco and wood siding, linoleum and carpet flooring, wall-furnace heating, a tar/gravel roof, and off-street parking. Exterior improvements include front landscaping.
The property is approximately 5 minutes from the Richmond BART station and sits between Nicholl Park and John F. Kennedy Park. Its configuration supports an owner-occupant arrangement with one unit used as a residence and the other offered for rent. Appliances include a dryer and gas water heater.
The property is approximately 5 minutes from the Richmond BART station and sits between Nicholl Park and John F. Kennedy Park. Its configuration supports an owner-occupant arrangement with one unit used as a residence and the other offered for rent. Appliances include a dryer and gas water heater.
Key Highlights
- Duplex with 1614 square feet of building area
- 0.1159‑acre lot at 3008 Center Avenue, Richmond, CA 94804
- One unit is vacant and move‑in ready
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,990
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,800
$539.8K
Cap Rate 7%
$385,571
$385.6K
Cap Rate 9%
$299,889
$299.9K
Market Conditions
NOI Build-Up for 1,614 SF
Gross rent
$40.7K $25.20/SF
− Vacancy
−$2.1K −$1.31/SF
EGI
$38.6K $23.89/SF
− OpEx
−$11.6K −$7.17/SF
NOI
$27.0K $16.72/SF
Area
Richmond, CA
Vacancy
5.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,800
Cap Rate 7%
$385,571
Cap Rate 9%
$299,889
Alternative Uses
Best Use
Multifamily LT 5
$385.6K
$337.4K – $449.8K
NOI $26,990 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$334.0K
$292.3K – $389.7K
NOI $23,381 @ 7.0% cap · market cap 3.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,367
Businesses Nearby
Explore this area
Business Placement
Demographics for 94804, CA
45,108
Population
16,659
Households
2.7
Avg Household Size
37
Median Age
32%
College-Educated
78%
High-School Grad
6.5 sq mi
ZIP Area
6,940
Density / Sq Mi
$86,430
Median Household Income
$46,473
Median Earnings
$1,825
Median Rent
$618,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with one residence ready for occupancy and a second unit suited for rental use.
Where is this duplex located?
The property is located at 3008 Center Avenue Richmond, CA.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Duplex with 1614 square feet of building area; 0.1159‑acre lot at 3008 Center Avenue, Richmond, CA 94804; One unit is vacant and move‑in ready
