145 5th St

145 5th St, Richmond, CA 94801

  • For Sale $785,000
  • Property Type Multi-Family
  • Property Size 3,004 SF
  • Units 4
  • Lot Size 0.13 Acre
  • Additional Rent Contact for pricing
  • Year Built 1964
  • Date Updated Sep 18, 2024
145 5th St. is located within 1 mile of the Richmond BART Station, 1.7 mi of the 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 relative rental affordability, core East Bay location, and multiple commuting options, Richmond is a popular commuter city and attracts tenants that work throughout the Bay Area. 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.Berger & Associates of NAI Northern California is pleased to announce the sale of 145 5th St. in Richmond, CA. The property consists of four 2-bed, 1-bath units, each with an individual garage. The units are individually metered for PG&E. 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. 145 5th St. 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.

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Highlights

  • (4) 2 Bed, 1 Bath units - Recently Renovated
  • Individually metered for PG&E
  • 20%+ Upside in Rents
  • Each unit has an individual garage, an additional driveway space, and water heater (4)
  • Spacious backyard w/ Recently Renovated Stairway
  • Units feature Vinyl, Tile, & Carpet Floors, Dual Pane Windows, Zoned Central Air Cooling, Forced Air Heating
  • New owners can potentially implement RUBS upon turnover to minimize expenses
  • Located within 1 mile of the Richmond BART Station, 1.7 miles of the Richmond Ferry, I-80 on- and off-ramps, and close proximity to essential grocery outlets, retailers, and schools
  • High Day 1 Cash FLow
  • High Market Cash-on-Cash at 8.98%

Contacts

broker

Marco McMullen

NAI NorCal

Location

Getting Around

  • Walk Score ®

    74/100 Very Walkable

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    70/100 Very Bikeable
Powered by Walk Score ®
  • City Richmond, CA
  • Neighborhood Iron Triangle
  • Zip Code 94801
  • Market Bay Area

Points of Interest

  • Marina Way / 16th Street

    0.64 miles

  • Downtown Berkeley

    6.86 miles

  • Emeryville

    7.57 miles

  • Larkspur

    8.11 miles

  • Redwood Valley Railway

    8.57 miles

  • Rockridge

    8.72 miles

  • Taxi Stand at Pier 39

    8.98 miles

  • Taxi Stand at Alcatraz Landing at Pier 33 (along the Embarcadero)

    9.05 miles

  • Taxi Stand at Hotel Zephyr

    9.08 miles

  • Taxi Stand atHotel Riu Plaza Fisherman´s Wharf / NorthPoint Centre (along North Point at Mason St)

    9.15 miles

  • Harbor Way Mart

    0.66 miles

  • Richmond Gas 1

    0.92 miles

  • Chevron Richmond

    0.92 miles

  • Chevron

    0.95 miles

  • AM PM

    0.99 miles

  • Stop and Save Gasoline

    1.08 miles

  • Richmond Supercharger

    1.29 miles

  • Valero

    1.78 miles

  • Valero

    2.11 miles

  • World Gas

    2.11 miles

  • Kaiser Permanente Richmond Medical Center Parking Garage

    0.29 miles

  • Richmond Station Parking

    0.60 miles

  • Kaiser Shipyard 3 Visitor Center

    1.38 miles

  • Lot 10

    2.88 miles

  • Lot 9

    2.89 miles

  • Alvarado Staging Area

    2.91 miles

  • Lot 11

    2.91 miles

  • Lot 12

    2.99 miles

  • Lot 13

    3.03 miles

  • Lot 17

    3.05 miles

  • Sea Horse Motel

    0.59 miles

  • Hotel Mac

    1.16 miles

  • Holiday Inn Express

    2.44 miles

  • Rodeway Inn

    2.94 miles

  • Rodeway Inn 1

    2.96 miles

  • Rodeway Inn 3

    2.96 miles

  • Rodeway Inn 2

    2.97 miles

  • Budget Inn

    3.40 miles

  • Courtyard Richmond Berkeley

    3.81 miles

  • East Brother Light Station Bed & Breakfast

    4.27 miles

  • Kaiser Permanente Richmond Medical Center Cafeteria

    0.36 miles

  • Hacienda Grill

    0.37 miles

  • Burger King

    0.48 miles

  • Snapper's

    0.57 miles

  • Burger King

    0.58 miles

  • La Flor de Jalisco

    0.86 miles

  • McDonald's

    0.99 miles

  • Taco Bell

    1.03 miles

  • Portumex

    1.14 miles

  • El Sol

    1.16 miles

  • Lincoln Elementary School

    0.11 miles

  • Samuel Gompers Continuation High School

    0.18 miles

  • Saint Marks School

    0.23 miles

  • J C Hawkins Christian Academy

    0.26 miles

  • Nystrom Elementary School

    0.51 miles

  • Peres School

    0.69 miles

  • Mount Olive Lutheran School

    0.78 miles

  • Coronado Elementary School

    0.92 miles

  • National Institute of Art and Disabilities

    1.03 miles

  • Washington Elementary School

    1.10 miles

  • Annie's Annuals & Perennials

    1.74 miles

  • Nomura Preschool

    3.19 miles

  • El Cerrito Preschool Cooperative

    3.69 miles

  • Patty's Montessori School

    4.09 miles

  • The creative play center

    4.57 miles

  • Skytown Preschool

    4.60 miles

  • Tilden Preparatory School

    4.83 miles

  • Albany Preschool

    4.86 miles

  • Bay Area Kinder Stube

    4.88 miles

  • Little Bears Daycare

    5.03 miles

Frequently Asked Questions

How much does 145 5th St cost?

The space currently listed for sale at 145 5th St asks for $785,000.

What is the total square footage of 145 5th St?

145 5th St totals 3,004 square feet.

When was this property built?

145 5th St was built in 1964.

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Contact Listing Broker

broker

Marco McMullen

NAI NorCal