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Duplex-Style In-Law Suite Home

3027 Keith Dr Richmond, CA 94803

3027 Keith Dr, Richmond, CA, 94803
$724,000
Pending
For Sale
$724,000
Pending

Home with three bedrooms upstairs and a downstairs one-bedroom in-law suite with a separate entrance and backyard.

Property Size1,960 SF
Days on Market28

Property Features for 3027 Keith Dr

General Information

Standard status
Pending
Size
1,960 SF
Property subtype
Multi Family

Building Details

Year Built
1957
Listing agency Allure Real Estate
Listed by Katrena Prior · License #01990789
Source Exitrealty
Added: Jun 25 Updated: Jul 21 at 11:54PM Checked: Jul 22 at 8:34AM

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 Allure Real Estate


Investment Insights

Based on property information with market context.

3027 Keith Dr is a spacious, versatile residence configured to support dual living. The main level offers three bedrooms and two bathrooms with bright, open living spaces. Downstairs features a private in-law suite with its own separate entrance, including one bedroom and one bathroom.

The property is located in the Richmond Hills/El Sobrante area of Richmond, CA, with convenient access to Interstate 80, Highway 24, and BART. It is described as being near shopping, dining, parks, schools, and everyday amenities.

In addition to the flexible interior layout, the home includes a private and spacious backyard that can be used as an outdoor retreat. The property is offered for sale and is positioned for owner-occupants seeking mortgage offset potential or buyers looking for supplemental rental income through its separate suite.

Key Highlights

  • Year built: 1957
  • Main level includes 3 bedrooms and 2 bathrooms
  • Downstairs in‑law suite with a separate entrance

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 $49.4k $25.20
− Vacancy −$2.6k −$1.31
EGI $46.8k $23.89
− OpEx −$14.0k −$7.17
NOI $32.8k $16.72
1,960 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$468.2K
$409.7K – $546.3K (±1% cap)
NOI $32,777 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$405.6K
$354.9K – $473.2K (±1% cap)
NOI $28,393 @ 7.0% cap · market cap 3.92%
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

Suggested Use

Real Estate Agency Law Firm HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Home with three bedrooms upstairs and a downstairs one-bedroom in-law suite with a separate entrance and backyard.
Where is this duplex located?
The property is located at 3027 Keith Dr Richmond, CA.
What is the asking price?
The asking price for this property is $724,000.
What are key features of this property?
This property features: Year built: 1957; Main level includes 3 bedrooms and 2 bathrooms; Downstairs in‑law suite with a separate entrance
Contact an agent
More about this property
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