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Fourplex Residential Income Property

854 7th St Richmond, CA 94801

854 7th St, Richmond, CA, 94801
Contact for pricing
For Sale
Contact for pricing
Pending

Four 2-bedroom, 1-bath units with delivery planned for 3/4 units vacant at close, one unit available to view.

Days on Market102

Property Features for 854 7th St

General Information

Standard status
Pending
Property subtype
Multifamily
Listing agency CORCORAN GLOBAL LIVING
Listed by Conner Applegate · License #01938041
Source Crexi
Added: Apr 11 Updated: Jul 20 at 6:19PM Checked: Jul 20 at 6:19PM

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 CORCORAN GLOBAL LIVING


Investment Insights

Based on property information with market context.

This fourplex at 854 7th St in Richmond is comprised of four 2-bedroom, 1-bath units, providing 6 bedrooms for a family buying the property or an investor seeking market rents. The offering includes delivery to the buyer with 3/4 of the units vacant at the close of escrow, and one unit is currently available for viewing.

The listing is presented with a current cap rate reference of 7.75% and a pro forma of 8.12% (financial details available by request). The seller also indicates the possibility of a mortgage rate buydown, with options including a 3-2-1 buydown or a lump sum, and notes lender-provided benefits of 6 months of free refis from the purchase date.

For questions, financials, or to schedule a viewing of the currently available unit, contact the listing agent.

Key Highlights

  • Fourplex with four 2‑bedroom, 1‑bath units, totaling 6 bedrooms across the property.
  • Delivery planned for 3 of 4 units vacant at close of escrow; one unit currently available for viewing.
  • Currently listed at a 7.75% cap rate with proforma of 8.12% (financials by request).

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm HVAC Service Dental Office Grocery & Convenience Store Acupuncture Gym & Fitness Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Travel Agency

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

FAQs

What type of property is this?
Quadplex - Four 2-bedroom, 1-bath units with delivery planned for 3/4 units vacant at close, one unit available to view.
Where is this quadplex located?
The property is located at 854 7th St Richmond, CA.
What are key features of this property?
This property features: Fourplex with four 2‑bedroom, 1‑bath units, totaling 6 bedrooms across the property.; Delivery planned for 3 of 4 units vacant at close of escrow; one unit currently available for viewing.; Currently listed at a 7.75% cap rate with proforma of 8.12% (financials by request).
Contact an agent
(925) 726-7120 Call to check price and availability
More about this property
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