Introducing 5307 Columbia Avenue, an exceptional four-unit investment opportunity in Richmond, California. Built in 1954, this well-maintained 3,336-square-foot multifamily property offers a desirable unit mix consisting of two one-bedroom, one-bath units, one two-bedroom, one-bath unit, and one spacious three-bedroom, two-bath unit. Designed with both tenant comfort and investor efficiency in mind, each unit features its own washer and dryer, updated cabinetry and countertops, and a private patio. The property also offers on-site parking, mature landscaping, and individual metering for water, gas, and electricity, helping to reduce operating expenses and simplify utility management. Zoned RM-1, this property presents an outstanding opportunity for investors seeking stable cash flow with long-term upside potential. Its attractive unit mix, well-maintained condition, and convenient Richmond location make it a strong addition to any multifamily portfolio.
Listing courtesy of Listing Agent: Stephen Pagones (sp@recpg.com) from Listing Office: Oak Tree Property Group.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.