For investors seeking a charming multi-unit property with stunning views, strong cash flow ($7,160/month), and even stronger future earning potential, 127 Cottage Avenue is a can’t-miss opportunity. Located in Richmond’s beautiful and historic Point Richmond neighborhood, this sizable fourplex (2,695 sq. ft.) is divided into 1 - Studio, 1 - 1BR/BA, and 2 - 2BR/1BA. The property includes its own laundry facilities and an expansive backyard that’s teeming with ADU potential. Positioned above the street for added privacy and security, tenants enjoy sweeping views of Point Richmond’s quaint rooftops, picturesque parks, and historic buildings. More importantly, tenants can get to historic downtown and its various amenities (including popular Kaleidoscope Coffee and Masa Mexican restaurant), in less than 60 seconds. Beautiful Keller Beach and glistening Miller/Knox lagoon are both less than one mile away, making it easy for occupants to enjoy Point Richmond’s many sun-soaked days.
Sold for $925,000 on 08/30/24
$925,000
127 Cottage Ave, Richmond, CA 94801
5beds
4baths
2,695sqft
Quadruplex
Built in 1920
-- sqft lot
$881,000 Zestimate®
$343/sqft
$3,034 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 30, 2024 at 03:01pm
Listed by:
Joey Wang DRE #01890931 510-592-4244,
Keller Williams Realty
Bought with:
OUT OF AREA OUT, DRE #88888888
OUT OF AREA - NON MEMBER
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41065871
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- No Air Conditioning
Appliances
- Included: Dryer, Washer
- Laundry: Coin Operated, Washer/Dryer Stacked Incl
Features
- Storage
- Flooring: Tile, Vinyl, Carpet
- Basement: None
Interior area
- Total structure area: 2,695
- Total interior livable area: 2,695 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Back Yard
Lot
- Size: 4,356 sqft
- Features: Paved
Details
- Parcel number: 5581510087
- Zoning: RL2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Wood Siding
Condition
- Year built: 1920
Utilities & green energy
- Utilities for property: Master Electric Meter, Master Gas Meter
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Richmond
Other
Other facts
- Listing terms: None
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Estimated market value
$881,000