2116 Barrett Avenue

Richmond, CA 94801

$899,999
Price
8
Beds
4
Baths
3,575 Sq. Ft.
$252 / Sq. Ft.
3,575
Sq. Ft.
$252
per Sq. Ft.

Description

This isn't just a strong investment opportunity, it could be your new home. This International Style 4-plex in the heart of Richmond with hints of practical Postmodernism, currently has 1 unit vacant. Whether you leverage Fannie Mae's recent lending changes to put 5% down and use 75% of the rental income ($102,000 annually) from the other units towards your qualifying income for the loan when you move in, or you fill the unit at market rate ($2,500) and benefit from it as an investment property,...This isn't just a strong investment opportunity, it could be your new home. This International Style 4-plex in the heart of Richmond with hints of practical Postmodernism, currently has 1 unit vacant. Whether you leverage Fannie Mae's recent lending changes to put 5% down and use 75% of the rental income ($102,000 annually) from the other units towards your qualifying income for the loan when you move in, or you fill the unit at market rate ($2,500) and benefit from it as an investment property, this property is a savvy move for a buy-and-hold investor. It's very clear that property values in Richmond are on the rise (New Ferry terminal to SF) and objective projections for equity appreciation are in the 30-40% range for the years (3-5) ahead. The property income opportunities include a laundry room (currently monitized by lease) 4 storage closets per unit and a carport for 1-2 off-street covered parking spaces per unit. All units are 2 bed 1 bath, and have been remodeled within the last 5 years. A detached 10'X10' Shed onsite opens up other possibilities. BART, shopping and major freeways are all blocks away. Don't let this one pass you by. The opportunity to bet on Richmond and yourself with sweet creamy cash flow on top is right in front of you.
  1. Listed by Adam Garrett-Clark • DRE #02214638 • Keller Williams Realty
    P: (415)-716-3665 Adamgarrettclark@kw.com

Property Details for 2116 Barrett Avenue

Parking Features
Carport, Covered
Architectural Style
Mid-Century
Zoning
Residential
View Description
City Lights, Downtown
LISTING UPDATED: 11/16/2024 10:07 AM

Property Details for 2116 Barrett Avenue

StatusPending
MLS #224088300
Days on Compass97
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1960
Lot Size0.13 AC / 5,623 SF
CountyContra Costa County

Building Information for 2116 Barrett Avenue

Stories2Residences4Year Built1960Building Size-Lot Size0.13 AC / 5,623 SF

Property Information for 2116 Barrett Avenue

Summary
Location and General Information
  • Area/District: Richmond-North & Wes
  • Area Short Display: 1705
  • Cross Street: 21st street
  • City: Richmond
  • County: Contra Costa
  • State: CA
  • Zip Code: 94801
  • Zip Plus 4: 3358
  • Topography: Level,Level
  • Directions to Property: Barrett ave and 21st street.
Taxes and HOA Information
  • APN: 514-110-003-1
  • License Fee: $.00
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: false
  • Association Fee: $.00
School Information
  • School District (County): Contra Costa
  • Elementary School District: West Contra Costa Unified
  • Middle or Junior School District: West Contra Costa Unified
  • Senior High School District: West Contra Costa Unified
Parking
  • Covered Spaces: 4
  • Independent Parking Spaces: 0
  • Carport Spaces: 4
  • Garage Spaces: 0
  • Total Parking Spaces: 4
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Parking Fee $: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Assessor Auto-Fill
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Acres: 0.1291
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 5624.0
  • Lot Size Dimensions: W Contra Costa
  • Lot Features: Sidewalk
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Home Warranty: false
  • Irrigation: None
  • Year Built: 1960
  • Picture Count: 7
  • Photos Provided By: Agent
  • Elevation: 0
  • Property Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. <BR> All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. <BR> Copyright</A> &copy; 2024, MetroList Services, Inc. <BR> Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList® MLS & Broker Participants of any MLS with a current reciprocal agreement with MetroList® that provides for such offers of compensation.
  • Census Tract: 3750.0
  • Actual or Scheduled: Actual
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Common Area Meter, Electricity, Gas, Water
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, City, Electric
  • Water Source: Meter Available, Water District, Public
Interior and Exterior Features
Exterior Features
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Stucco, Frame
  • Foundation: Raised
  • Levels: Two
  • Exterior Features: Fenced Yard, Yard Space, Play Area
  • Window Features: Dual Pane Full
  • Horse Property: false
  • Pool: false
  • Roof: Tar/Gravel, Flat
  • Senior Community: false
Interior Features
  • Interior Features: Storage Area(s)
  • Heating: Separate
  • Laundry Features: Coin Operated, Washer/Dryer Leased
  • Spa: false
  • # of Fireplaces: 0
  • Cooling: Wall Unit(s), None
  • Flooring: Carpet, Laminate
  • Entry Level: 0
  • Possible Bedrooms: 0.0
  • Bedrooms: 0
  • Bathrooms: 0.0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 4
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 3
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 3
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • Num of Units: 4
Multi-Family Additional Information
  • 2nd Unit Approx SqFt: 0.0
  • 2nd Unit Rents for: $.00
  • 2nd Unit Bedrooms: 0.0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Identification: 2116
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Rental
  • Unit 1 Rent: $1,425.00
  • Unit 1 Approx SqFt: 850.0
  • Unit 1 SqFt Source: Owner
  • Unit 1 # of Rooms: 5
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: Currently Vacant
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Identification: 2118
  • Unit 2 Occupancy: Vacant
  • Unit 2 Rent Source: Rental
  • Unit 2 Rent: $2,500.00
  • Unit 2 Approx SqFt: 850.0
  • Unit 2 SqFt Source: Owner
  • Unit 2 # of Rooms: 5
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Identification: 2120
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Rental
  • Unit 3 Rent: $2,331.00
  • Unit 3 Approx SqFt: 850.0
  • Unit 3 SqFt Source: Owner
  • Unit 3 # of Rooms: 5
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Identification: 2122
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent Source: Rental
  • Unit 4 Rent: $2,260.00
  • Unit 4 Approx SqFt: 850.0
  • Unit 4 SqFt Source: Owner
  • Unit 4 # of Rooms: 5
  • Unit 4 Type: Apartment
Mobile/Manufactured Home
  • Width: 0.0
  • Length: 0.0
  • Berth Size Length: 0.0
  • Berth Size Width: 0.0
Income & Expenses
  • Income Includes: Laundry, Storage
Rental
Rent Information
  • Land Lease: false
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Electricity, Gas, Water

Property History for 2116 Barrett Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2116 Barrett Avenue

Taxable ValueLand$214,705Additions$423,611Total$638,316
Tax Record2024$13,790 ($1,149 / month)
Home Facts
Total Finished SqFt3,575 SqFtAbove Grade Finished SqFt3,575 SqFtStories1Lot Size5,625 SqFtStyleQuadraplexYear Built1960Year Renovated1975CountyCONTRA COSTAAPN514-110-003-1

Schools near 2116 Barrett Avenue

This home is within West Contra Costa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Grant Elementary School
PublicK to 6

Lovonya Dejean Middle School
Public7 to 8

Kennedy High School
Public9 to 12

Greenwood Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Adam Garrett-Clark, DRE #02214638

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.