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Eight-Unit Condo Apartment Building
For Sale
Contact for pricing
Pending

501 27th St, Richmond, CA 94804

Six two-bedroom and two one-bedroom residences are leased, with occupants covering water, electric, and gas.

Property SizeContact for details
Days on Market143

Property Features for 501 27th St

General Information

Standard status Pending
Property subtype Retail, Multifamily

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 6 x 2BR, 2 x 1BR
Multifamily Units 8

Building Details

Buildings 1
Listing Agency: KW Commercial Walnut Creek
Listed By: Tom Casazza · License #CA 00707081
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 5:21AM

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 KW Commercial Walnut Creek

Investment Insights

Based on property information with market context.

This eight-unit apartment property consists entirely of condominium residences, including six two-bedroom units and two one-bedroom units. Every unit is currently rented, with mainly long-term tenants in place. Residents pay their own water, electric, and gas expenses. The property may be financed as one eight-unit building or as eight separate units, providing two supported ownership structures. The units are not subject to Richmond rent control.

The property is located at 501 27th St in Richmond, directly across from Richmond City Hall. Public transportation is accessible from the property, adding a transit-oriented feature to the central civic-area setting.

Key Highlights

  • Eight condominium units: six two‑bedroom and two one‑bedroom residences
  • All units are rented, with mainly long‑term tenants
  • Residents pay water, electric, and gas

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,311
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six two-bedroom and two one-bedroom residences are leased, with occupants covering water, electric, and gas.
Where is this apartment building located?
The property is located at 501 27th St Richmond, CA.
What are key features of this property?
This property features: Eight condominium units: six two‑bedroom and two one‑bedroom residences; All units are rented, with mainly long‑term tenants; Residents pay water, electric, and gas
More about this property
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