REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jatin Mehta • Kite Hill Real Estate
$ 1,275,000
Est. payment /mo
Active
3321 Barrett Ave Richmond, CA 94801
5,367 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,367 sqft
Price per Sqft $237
MLS Listing ID 41087307
HOA Y/N No
Originating Board Bridge AOR
Year Built 1950
Lot Size 10,019 Sqft
Property Sub-Type 5 or More Units
Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre. 3321 Barrett Ave is a well-maintained 6-unit building built in the 1950s, offering an attractive investment opportunity. The property consists of a four-unit building with four 2-bedroom units, along with a duplex featuring two 1-bedroom units. Each unit offers ample space, with the 2-bedroom units close to 1,000 square feet and the 1-bedroom units just under 800 square feet. On average, each unit spans nearly 900 square feet. The building is separately metered for water, gas, and electricity, which helps keep operating expenses low for the new owner. Currently, the property generates over $10,000 per month with over 30% upside in gross rents and nearly 50% upside in net operating income. Many of the units have been recently updated, including upgrades to electrical panels and windows, while the exterior has been meticulously maintained with freshly paved garage areas and well-kept brick trim. The result is a perfect blend of vintage charm and modern living. The property is also well-equipped for tenants, with six garages and additional off-street parking spaces available. Its prime location in the desirable North & East district of Richmond, California, further enhances its appeal
Location
State CA
County Contra Costa
Interior
Heating Electric
Cooling None
Flooring Carpet
Fireplace No
Building
Lot Description Corner Lot
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Sofia Gurevich
Real Estate & Mortgage Broker | License ID: CA DRE 01249163 I NMLS 287968