Two-Unit Duplex with Side
For Sale
$665,000
619 2nd St, Richmond, CA 94801
Each residence offers two bedrooms and one bathroom, with convenient access to transit, schools, groceries, and regional routes.
Property Size1,657 SF
Lot Size0.09 Acres
Price / SF$401.33
Days on Market135
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Property Features for 619 2nd St
General Information
Standard status
Active
Size
1,657 SF
Lot size
0.09 Acres
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1908
Listing Agency:
Re/Max Synergy Group
(510) 786-2000
Listed By:
Silvia Urbina · License #01938420
(510) 825-8570
Source:
Exitrealty
Added: Jun 3
Changed: Oct 6
Last Checked: Oct 14 at 8:05PM
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 Re/Max Synergy Group
Investment Insights
Based on property information with market context.
Built in 1908, this duplex contains two separate residences, each arranged with two bedrooms and one bathroom. One unit is positioned upstairs and the other downstairs, creating a straightforward configuration for multigenerational living or separate occupancy. The property also includes a substantial side yard with RV access or room for multiple vehicles, along with additional storage in the rear yard.
The 353-square-meter lot is positioned near BART and the I-580 corridor, with downtown Richmond and San Francisco accessible from the area. A ferry connection to San Francisco is nearby, while schools and grocery stores are within walking distance. Gas stations are five blocks away, Kaiser is approximately a 3-minute drive, and Miller Knox Park is about 5 minutes away. Fitness and boxing facilities are also located nearby.
The 353-square-meter lot is positioned near BART and the I-580 corridor, with downtown Richmond and San Francisco accessible from the area. A ferry connection to San Francisco is nearby, while schools and grocery stores are within walking distance. Gas stations are five blocks away, Kaiser is approximately a 3-minute drive, and Miller Knox Park is about 5 minutes away. Fitness and boxing facilities are also located nearby.
Key Highlights
- Two separate units, each with 2 bedrooms and 1 bathroom
- Upstairs and downstairs unit arrangement
- 353 square meter lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,710
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$554,200
$554.2K
Cap Rate 7%
$395,857
$395.9K
Cap Rate 9%
$307,889
$307.9K
Market Conditions
NOI Build-Up for 1,657 SF
Gross rent
$41.8K $25.20/SF
− Vacancy
−$2.2K −$1.31/SF
EGI
$39.6K $23.89/SF
− OpEx
−$11.9K −$7.17/SF
NOI
$27.7K $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%
$554,200
Cap Rate 7%
$395,857
Cap Rate 9%
$307,889
Alternative Uses
Best Use
Multifamily LT 5
$395.9K
$346.4K – $461.8K
NOI $27,710 @ 7.0% cap · market cap 4.17%
Second Best
Apartment 5plus
$342.9K
$300.0K – $400.1K
NOI $24,003 @ 7.0% cap · market cap 3.61%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,280
Businesses Nearby
Explore this area
Business Placement
Demographics for 94801, CA
33,486
Population
11,012
Households
3
Avg Household Size
34
Median Age
19%
College-Educated
69%
High-School Grad
11.5 sq mi
ZIP Area
2,912
Density / Sq Mi
$75,786
Median Household Income
$40,435
Median Earnings
$1,608
Median Rent
$593,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms and one bathroom, with convenient access to transit, schools, groceries, and regional routes.
Where is this duplex located?
The property is located at 619 2nd St Richmond, CA.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Two separate units, each with 2 bedrooms and 1 bathroom; Upstairs and downstairs unit arrangement; 353 square meter lot
