Property Detail

512 16th St

Richmond CA 94804

$1,120,000

Status: Active

Property Details

Description

512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.

Map Location

Listing provided courtesy of Brandon Payton of Christie's Int'l RE Sereno. Last updated 2026-09-24 08:10:57.000000. Listing information © 2025 CRMLS.

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