Property Overview:
Prime investment opportunity in the heart of Point Richmond! This unique property features two separate homes on one parcel, both tenant-occupied with guaranteed rental income at current market rates.
- Unit 440: Approx. 1,000 sq. ft. (records also state 960 sq. ft.), 2 bedrooms, 1 bathroom, located above a 3-car garage (or 1-car garage per alternate record).
- Unit 442: Approx. 1,466–1,536 sq. ft., 3 bedrooms, 2 bathrooms, detached two-story residence with a private balcony and family/recreation room.
- Total Living Space: Approx. 2,068–2,496 sq. ft.
- Year Built: 2002 (per records).
- Zoning: RL2.
Neighborhood Highlights:
- Located steps from downtown Point Richmond in a sought-after neighborhood with a small-town feel and picturesque ocean views.
- Charming, walkable area with easy access to local shops, dining, and amenities.
Property Features:
- Both units fully equipped with modern appliances:
- New refrigerators, dishwashers, built-in microwaves, gas stoves, in-unit washers & dryers.
- Unit 440:
- Hardwood floors in living area, updated vinyl plank flooring in bedrooms.
- Ample closet space, large full bathroom with linen closet.
- Sun-filled rooms with a functional layout.
- Unit 442:
- Large living and dining areas, generous family/recreation room.
- Primary suite with private balcony.
- Additional storage at rear of building.
- Garages:
- 3-car garage (or 1-car for Unit 440, 2-car for Unit 442 per alternate record).
- Custom cabinets and contemporary finishes throughout.
- Utilities: PG&E and water paid by tenants.
Investment Benefits:
- Turnkey investment with stable tenants and market-rate rental income.
- Exceptionally well-maintained property, constructed in 2002—units of this quality are rarely available in Point Richmond.
- Low-maintenance, high-quality asset in a desirable location.
Location Benefits:
- Easy access to major highways and public transportation.
- Ideal for investors seeking steady cash flow and long-term appreciation in a quaint, coastal community.