305 Ripley Avenue, Richmond, CA 94801-2641, USA

Property CA
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Property Overview:

305 Ripley Ave is a multi-unit investment property located in Richmond, CA 94801. The building consists of four one-bedroom apartments, with recent updates including modernized kitchens, bathrooms, and electrical sub panels. The roof was replaced in 2023 and the sewer lateral in 2020. The property is 1031-exchange eligible and offers strong rental income potential.

Neighborhood Highlights:

  • Quiet, evolving neighborhood in Richmond.
  • Excellent transit access:
    • 7 minutes to Richmond BART station
    • 6 minutes to the new direct ferry to San Francisco
    • Easy access to I-580 / I-80
  • Nearby amenities:
    • Pt. Richmond, Pt. Pinole Regional Park, downtown Richmond
    • Kaiser Richmond and other local services
    • Cultural, recreation, and dining options
  • Appeals to commuters seeking easy access to San Francisco and the East Bay.

Property Features:

  • Four one-bedroom units (three updated in 2014, one updated in 2018/2019)
  • One vacant unit (ideal for owner-occupant or new tenant at market rent)
  • Current monthly income:
    • Leased units: ~$4,353
    • Vacant unit market rent: $1,750–$1,900
    • Total potential income: $6,100–$6,520+ per month (some sources cite up to $6,520–$6,495)
    • Additional storage income: historically $75/month per space (two available)
  • Cap rate: 4.4%–4.6% (at current rents)
  • Common areas:
    • Large shared backyard
    • Two one-car driveways
    • Two half garages
  • Recent upgrades:
    • Modern kitchens & baths
    • Electrical sub panels
    • Roof (2023)
    • Sewer lateral (2020)
  • Professional property management with maintenance records since 2019
  • Turnkey condition—well-maintained and ready for new owner

Investment Benefits:

  • Strong rental demand due to location and transit options
  • Immediate income potential—no waiting years for rent increases
  • Opportunity to select new tenant and set market rent
  • Potential to implement utility billing for added revenue
  • Storage rental income adds to cash flow
  • 1031-exchange eligible—ideal for investors seeking a tax-deferred exchange
  • Transparent maintenance history for informed decision-making

Location Benefits:

  • Minutes to BART, ferry, and major highways—ideal for commuters
  • Close to parks, shopping, dining, and healthcare
  • Quiet, residential setting with ongoing neighborhood improvements
  • Broad appeal for both tenants and owner-occupants
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Price and Status History

date type price
2008-11-17 Rental 54900
2008-11-25 Delisted NaN
2009-01-06 Off Market 45000
2012-07-31 Delisted NaN
2012-11-21 Sold 210000
2012-12-16 For Sale 215000
2016-02-02 For Sale 349000
2016-04-06 Sold 400000
2018-12-07 For Sale 499000
2019-02-03 For Sale 725000
2019-02-08 For Sale NaN
2019-02-14 Pending NaN
2019-03-11 Sold 720000
2024-06-04 For Sale 925000
2024-08-09 For Sale NaN
2024-11-16 Delisted (Cancelled) NaN
2024-11-21 Off Market NaN
2025-02-07 For Sale 866871
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Superfund Enterprise Management System

SITE NAME ADDRESS FEDERAL FACILITY NPL STATUS NON-NPL STATUS CONTAMINANTS SEMS EPA ID DISTANCE (MILES)
FOWLER/STEIDL PROPERTY 621 1st Street, Richmond, CA 94801-2601, USA N N NF 0 CASFN0905520 0.13
SARKISIAN PROPERTY A STREET &, 555 B Street, Richmond, CA 94801, USA N N NF 0 CAN000905842 0.21
ELECTRO FORMING CO. 130 Nevin Avenue, Richmond, CA 94801-2900, USA N N NF 0 CAD983646779 0.27
AMERICAN STANDARD-RICHMOND CORNER OF HENSLEY &, Castro Street, Richmond, CA 94804, USA N N NF 0 CAD982400327 0.54
BAY AREA ENVIRONMENTAL 1125 Hensley Street, Richmond, CA 94801-2118, USA N N DR 0 CAT080014079 0.63
DREW SALES 7TH &, North Castro Street, Richmond, CA 94804, USA N N NF 0 CAD980498505 0.69
POOL COVERS, INC. 834 Ohio Avenue, Richmond, CA 94804-2463, USA N N NF 0 CAD983616954 0.74
H&H RECYCLING 901 Sanford Avenue, Richmond, CA 94801, USA N N NF 0 CAD074672759 0.88
ARMITAGE JOHN L & CO 1800 7TH & MARKET, Richmond, CA 94804, USA N N NF 0 CAD009105727 0.88
MCKOSKER SITE 716 West Gertrude Avenue, Richmond, CA 94801-1718, USA N N NF 0 CA0002059475 0.95

Toxic Release Inventory

FACILITY NAME ADDRESS TOTAL FORMS LAST FORM YEAR RISK SCREENING FACILITY ID DISTANCE (MILES)
PINOLE POINT STEEL CO COLORSTRIP DIV 1 West Barrett Avenue, Richmond, CA 94801-2648, USA 36 1992 N/A 94802MRWSS1BARR 0.15
CHEVRON CHEMICAL CO 940 Hensley Street, Richmond, CA 94801-2106, USA 134 2000 N/A 94804CHVRN940HE 0.34
PROFESSIONAL FINISHING 1041 Hensley Street, Richmond, CA 94801-2116, USA 6 2003 N/A 94801PRFSS1041H 0.45
JOHN L ARMITAGE & CO 7TH & MARKET ST, 7th Street, Richmond, CA 94801, USA 2 1988 N/A 94801JHNLR7THAN 0.50
CHEVRON CHEMICAL CO 835 Castro Street, Richmond, CA 94801, USA 123 1995 N/A 94804CHVRN835CA 0.55
PURITAN-BENNETT CORP 1100 Hensley Street, Richmond, CA 94801-2119, USA 15 1998 N/A 94801PRTNB1100H 0.55
SEALY MATTRESS CO 1130 7th Street, Richmond, CA 94801-2103, USA 9 2003 N/A 94801SLYMT11307 0.71
PARKER HANNIFIN CORP VERIFLO DIV RICHMOND 250 Canal Boulevard, Richmond, CA 94804-2002, USA 45 2023 Yes 94804VRFLC250CA 0.99

Integrated Compliance Information System - Air

PLANT NAME ADDRESS OPERATING STATUS DISTANCE (MILES)
RICHMOND WHOLESALE MEAT 2041 Factory Street, Richmond, CA 94801-2107, USA OPR: Operating 0.52
ANYTIME APPLIANCE 956 13th Street, Richmond, CA 94801-2345, USA OPR: Operating 0.66
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Flood Risk Info

fld_zone very high impact: up to 0.0001 miles high impact: up to 0.2 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.5 miles
A 0 0 0 0
AE 0 0 0 7
AH 0 0 0 0
AO 0 0 0 0
VE 0 0 0 0

Flood Zone Type

code meaning
A 1% annual chance flood zone determined using approximate methods. No BFEs shown. Flood insurance and management standards apply.
AE 1% annual chance flood zone determined by detailed methods. BFEs shown. Insurance and floodplain management required.
AH Shallow flooding (ponding) zones with depths between 1-3 feet. BFEs shown. Insurance and management required.
AO Shallow flooding (sheet flow) zones with depths 1-3 feet. BFEs or average depths shown. High-velocity areas may exist.
VE Coastal 1% annual chance flood zone with wave action. BFEs shown. Insurance and management required.

Earthquake Risk Info

zone_name quad_name very high impact: up to 0.0001 miles high impact: up to 2.0 miles moderate impact: up to 10.0 miles
North Hayward Mare Island 0 0 1
North Hayward Oakland East 0 0 0
North Hayward Oakland West 0 0 0
North Hayward Richmond 0 0 1
South Hayward Mare Island 0 0 0
South Hayward Oakland East 0 0 1
South Hayward Oakland West 0 0 1
South Hayward Richmond 0 0 0

Landslide Risk Info

lscat very high impact: up to 0.0001 miles high impact: up to 0.04 miles moderate impact: up to 0.1 miles low-moderate impact: up to 0.2 miles
8 0 0 0 0

Liquefaction Risk Info

Suscept very high impact: up to 0.0001 miles high impact: up to 0.05 miles moderate impact: up to 0.5 miles low-moderate impact: up to 1.0 miles
High 0 0 0 0
Very high 0 0 0 1

Wild fire Risk Info

haz_class very high impact: up to 0.0001 miles high impact: up to 0.5 miles moderate impact: up to 1.5 miles low-moderate impact: up to 3.0 miles
High 0 0 0 0
Very High 0 0 0 0
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Traffic Noise by Hour x Weekday

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Airplane Noise by Hour x Weekday

hour_of_day Monday Tuesday Wednesday Thursday Friday Saturday Sunday
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