Single-Story
For Sale
$625,000
3401 McBryde Avenue, Richmond, CA 94805
Both one-bedroom homes are tenant occupied, with private outdoor areas and a detached two-car garage.
Property Size1,272 SF
Price / SF$491.35
Days on Market23
Property Features for 3401 McBryde Avenue
General Information
Standard status
Active
Size
1,272 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
private patio/outdoor area
washer and dryer hookups
washer hookup
Yard Space
Building Details
Building Size
1,272 SF
Year Built
1947
Buildings
1
Stories
1
Listing Agency:
First Republic Real Estate
(925) 258-1955
Listed By:
Ray Smith
(925) 255-6320
Source:
Gezarealty
Added: Oct 2
Changed: Oct 23
Last Checked: Oct 23 at 4:33PM
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 First Republic Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1947, this single-story duplex contains two 1-bedroom, 1-bath units and approximately 1,272 square feet of living space. Each residence has a private patio or outdoor area. Laundry connections vary: one unit has washer and dryer hookups, while the other has a washer hookup. The property also includes a detached 2-car garage and occupies a corner site.
Both units are tenant occupied, and the tenants have expressed interest in staying. Shopping, transportation, and commuter routes are nearby.
Both units are tenant occupied, and the tenants have expressed interest in staying. Shopping, transportation, and commuter routes are nearby.
Key Highlights
- Two 1‑bedroom, 1‑bath units; approximately 1,272 square feet of living space
- Built in 1947; single‑story configuration
- Both units are tenant occupied, and tenants would like to remain
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,271
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,420
$425.4K
Cap Rate 7%
$303,871
$303.9K
Cap Rate 9%
$236,344
$236.3K
Market Conditions
NOI Build-Up for 1,272 SF
Gross rent
$32.1K $25.20/SF
− Vacancy
−$1.7K −$1.31/SF
EGI
$30.4K $23.89/SF
− OpEx
−$9.1K −$7.17/SF
NOI
$21.3K $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%
$425,420
Cap Rate 7%
$303,871
Cap Rate 9%
$236,344
Alternative Uses
Best Use
Multifamily LT 5
$303.9K
$265.9K – $354.5K
NOI $21,271 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$263.2K
$230.3K – $307.1K
NOI $18,426 @ 7.0% cap · market cap 2.95%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 94805, CA
14,958
Population
6,076
Households
2.5
Avg Household Size
41
Median Age
44%
College-Educated
86%
High-School Grad
1.9 sq mi
ZIP Area
7,873
Density / Sq Mi
$114,191
Median Household Income
$57,133
Median Earnings
$2,272
Median Rent
$738,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both one-bedroom homes are tenant occupied, with private outdoor areas and a detached two-car garage.
Where is this duplex located?
The property is located at 3401 McBryde Avenue Richmond, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bath units; approximately 1,272 square feet of living space; Built in 1947; single‑story configuration; Both units are tenant occupied, and tenants would like to remain
