Bought with Juan Ontiveros • Infinity Financial & Rlty
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Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,415 sqft
Price per Sqft $281
MLS Listing ID 41066491
Sold Date 11/22/24
HOA Y/N No
Year Built 1959
Lot Size 4,833 Sqft
Property Sub-Type Triplex
Source Bridge AOR
Property Description
733 Maine Ave. in Richmond, CA, consists of three large 2-bed, 1-bath units, each with an individual garage and parking space. The units are individually metered for PG&E & have dual pane windows. This property resides in a prime Bay Area location, with Richmond being a highly sought after city to live in boasting a total population of 114,300. The ever increasing desire for people to live here consistently drives up rent prices, making this a perfect long or short term hold opportunity for investors. 733 Maine Ave. is uniquely nestled between major points of interest such as the Richmond Ferry Terminal, Kennedy High School, Multiple BART Stations, Costco, Point Isabel, Safeway, Target, and other major retailers and local restaurants. 733 Maine Ave is located within 0.9 miles of the Del Norte BART Station, Richmond Ferry, I-80 on- and off-ramps, and several essential commuting routes. The city of Richmond is the second-largest city in Contra Costa County and is located 5 miles north of Berkeley, 7 miles north of Oakland, and 14 miles east of San Francisco. Because of its core East Bay location, despite the COVID-19 Pandemic rents in Richmond have continued to have positive year- over-year rent growth, making it one of the best performing rental submarkets throughout the Bay Area.
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Cooling Multi Units
Flooring Laminate, Carpet, See Remarks
Fireplace No
Window Features Double Pane Windows
Appliance Gas Water Heater
Building
Lot Description Corner Lot, Back Yard, Front Yard
Water Public
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Sammy Shrimali
Broker Associate | License ID: 01009299
Broker Associate License ID: 01009299