Richmond, CA 94801-2177,3321 Barrett Ave
Richmond, CA 94801-2177,3321 Barrett Ave
Richmond, CA 94801-2177,3321 Barrett Ave
27
Listed by Jatin Mehta • Kite Hill Real Estate
Bought with Jatin Mehta
$1,225,000
$1,275,000
3.9%
Est.Price: ?

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3 BD
2 BA
5,367 SqFt

3321 Barrett Ave Richmond, CA 94801-2177

Est. payment /mo
SOLD DATE : 06/06/2025

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Key Details

Sold Price $1,225,000

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,367 sqft

Price per Sqft $228

MLS Listing ID MR41087307

Sold Date 06/06/25

Bedrooms 3

Year Built 1950

Lot Size 10,019 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre. 3321 Barrett Ave is a well-maintained 6-unit building built in the 1950s, offering an attractive investment opportunity. The property consists of a four-unit building with four 2-bedroom units, along with a duplex featuring two 1-bedroom units. Each unit offers ample space, with the 2-bedroom units close to 1,000 square feet and the 1-bedroom units just under 800 square feet. On average, each unit spans nearly 900 square feet. The building is separately metered for water, gas, and electricity, which helps keep operating expenses low for the new owner. Currently, the property generates over $10,000 per month with over 30% upside in gross rents and nearly 50% upside in net operating income. Many of the units have been recently updated, including upgrades to electrical panels and windows, while the exterior has been meticulously maintained with freshly paved garage areas and well-kept brick trim. The result is a perfect blend of vintage charm and modern living. The property is also well-equipped for tenants, with six garages and additional off-street parking spaces available. Its prime location in the desirable North & East district of Richmond, California, further enhances its appeal

Location

State CA

County Contra Costa

Area Richmond - North & East

Interior

Heating Electric

Cooling None

Flooring Carpet - Wall to Wall

Exterior

Exterior Feature Stucco

Parking Features Attached Garage, Detached Garage

Garage Spaces 6.0

Building

Sewer Sewer - Public

Others

Tax ID 516-050-010-3

Special Listing Condition Not Applicable

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agent

Margaret Randtke

Broker Associate | License ID: 01702682

+1(831) 277-4178

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