$5,480,000 2520 Ohio Avenue Richmond, CA

MLS: 40789024   Type: Multi-Family   County: Contra Costa   City: Richmond   Area: Richmond - South   Zip: 94804   Style: Garden Apts     Taxes: $115,984

Mortgage $25,728 /mo



Half Baths

Sqr Footage









Built in 1942, the building is constructed of wood frame construction, tar & gravel roof, and concrete perimeter foundation. The property offers 34 units with an attractive unit mix of (11) Studios, (21) One Bedroom-One Bath, and (2) Two Bedroom-One Bath units. The site resides on a 29,500 square foot lot with a total of 16,152 square feet of living space. Floor plans include Pergo and carpet floors throughout with linoleum and tile kitchen and bathroom floors. Amenities include on-site co-op laundry facility (owned not leased), ample on-site parking (35 dedicated spaces) on two gated lots, and a recreation area for the tenant’s enjoyment. The building offers individually metered gas and electric to mitigate expenses and the majority of tenants pay water and garbage to boast income and streamline operations.

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Price History

7/12/2017 Listed $5,888,000
12/6/2017 4% - $5,680,000
1/8/2018 4% - $5,480,000

Age 76
All Units Have Oven Range Free Standing, Refrigerator
Annual Exp Yr 174234
Annual Rent Inc 515143
Cap Rate 5
Energy Saving Feature None
Listing Area Richmond - South
Listing Status Active
Misc. Additional Features Extra Storage, Play Area
Status Active
Total Deposits 0
Units-other Other

Interior Features

Basement None
Cooling None
Flooring Laminate, Linoleum, Wall to Wall Carpeting
Heating Wall Furnace
Some Units Have Other
Total Number of Units 34

Exterior Features

Apx Lot Sq Ft 29500
Building Type Garden Apts
Exterior Stucco
Lot Description Level
Lot Size Area 0.67
Parking Parking Area
Roof Tar and Gravel
Separate Meters Electric, Gas
Total # of Parking Spaces 34
View Other
Water/Sewer Water - Public

Property Schools

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Gallery (28 photos)

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Property vs Zip Code Avg (94804)

Price 5.48M Avg 2.28M

Sqr Feet 16,152 Avg 7,534

Cost / Sqr Ft $339 Avg $304

Taxes $115,984 Avg $42,404

Acres 0.67 Avg 0.3

Visits 13 Avg 5

Days on Site 191 Avg 101

Walkscore® 69 Avg 76

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Listing Provided Courtesy Of: Cory Waxman with Colliers Parrish International.

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