4140 Fran Way

Richmond, CA 94803

$3,750,000
Price
Beds
9,790 Sq. Ft.
$383 / Sq. Ft.
9,790
Sq. Ft.
$383
per Sq. Ft.

Description

4140 Fran Way Condominiums offers a unique opportunity to acquire a complete 12-unit complex in Richmond/El Sobrante, close to major retailers. Each updated unit includes in-unit laundry, private balconies, and a 1-car garage, attracting tenants and buyers. Converted from a multifamily building in 2018, the property allows for future value appreciation and individual unit sales. The established Homeowner's Association ensures easy management. Nearby retailers include Walmart, Target, and Grocery...4140 Fran Way Condominiums offers a unique opportunity to acquire a complete 12-unit complex in Richmond/El Sobrante, close to major retailers. Each updated unit includes in-unit laundry, private balconies, and a 1-car garage, attracting tenants and buyers. Converted from a multifamily building in 2018, the property allows for future value appreciation and individual unit sales. The established Homeowner's Association ensures easy management. Nearby retailers include Walmart, Target, and Grocery Outlet, and future developments from the Hilltop Horizon Specific Plan will further enhance the area. Investors can take advantage of flexible financing options, and this turnkey asset promises both immediate cash flow and long-term appreciation in a high-demand market.

Listing Agent

  1. Theodore Wong

    Theodore Wong

    Alternative Listing Agent

    Compass

    DRE #02016737

    theodore.wong@compass.com

    P: (510)-384-9721

Property Details for 4140 Fran Way

View Description
Hills
Cross Street
Appian Way
Total Parking Spaces
0
LISTING UPDATED: 10/10/2024 02:18 PM

Property Details for 4140 Fran Way

StatusActive
MLS #424072615
Days on Compass72
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1977
Lot Size0.45 AC / 19,602 SF
CountyContra Costa County

Building Information for 4140 Fran Way

Stories-Residences12Year Built1977Building Size-Lot Size0.45 AC / 19,602 SF

Property Information for 4140 Fran Way

Summary
Location and General Information
  • Area/District: Richmond-El Sobrante
  • Area Short Display: 1701
  • Location Description: Richmond-El Sobrante
Taxes and HOA Information
  • Association Features: Varies By Unit
  • APN: 425-262-001-0
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: Yes
  • Association Fee Frequency: Monthly
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Curb(s), None
Property and Assessments
  • Property Condition: Varies by Unit
  • Possession: Close of Escrow, Subject To Tenant Right
  • Picture Count: 43
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Common Area Meter, Electricity
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Stories: 0
  • Levels: Two
  • Roof: Composition
Interior Features
  • Flooring: Varies by Unit
  • Full Bathrooms: 0
  • # of Rooms: 12
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 2
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 2
2 Bedroom Unit
  • # of 2 Bedroom Units: 10
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 10
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
Income & Expenses
  • Gross Rent Multiplier: 12.05
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 26920.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 12
  • # Of Units Total: 12
  • # Of Units Vacant: 0
  • # Of Units Leased: 12
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 4140 Fran Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4140 Fran Way

Taxable ValueLand$567,966Additions$1,583,791Total$2,151,757
Tax Record2024$40,876 ($3,406 / month)
Home Facts
Total Finished SqFt9,790 SqFtAbove Grade Finished SqFt9,790 SqFtStories1Lot Size19,602 SqFtStyleMulti-Family Res (5+ Units)Year Built1976Year Renovated1977CountyCONTRA COSTAAPN425-262-001-0

Schools near 4140 Fran Way

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

Betty Reid Soskin Middle
Public6 to 8

De Anza Senior High School
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.

Similar Homes

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Similar Sold Homes

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4140 Fran Way is a multi-family home for sale in Richmond, CA 94803. This property was listed for sale on October 10, 2024 by Compass, it's currently listed at $3,750,000. It has been on the market for a total of 72 days and was last sold on December 24, 2002. This listing's school district is West Contra Costa Unified School District. Nearby schools include Murphy Elementary School, Betty Reid Soskin Middle and De Anza Senior High School. 4140 Fran Way is a 0-bed, 0-bath, 9,790 sqft multi-family home built in 1977.

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 Compass, Theodore Wong, DRE #02016737; Fifty Hills Real Estate, Brandon Tran, DRE #01926337

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.