4140 Fran Way Condominiums offers a unique opportunity to acquire a complete 12-unit complex in Richmond/El Sobrante, close to major retailers. Each updated unit includes in-unit laundry, private balconies, and a 1-car garage, attracting tenants and buyers. Converted from a multifamily building in 2018, the property allows for future value appreciation and individual unit sales. The established Homeowner's Association ensures easy management. Nearby retailers include Walmart, Target, and Grocery Outlet, and future developments from the Hilltop Horizon Specific Plan will further enhance the area. Investors can take advantage of flexible financing options, and this turnkey asset promises both immediate cash flow and long-term appreciation in a high-demand market.
For sale
Price cut: $100K (2/4)
$3,650,000
4140 Fran Way, El Sobrante, CA 94803
22beds
0baths
9,790sqft
Est.:
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$373/sqft
$-- HOA
What's special
Private balconiesIn-unit laundry
- 200 days
- on Zillow |
- 332 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: February 04, 2025 at 10:32am
Listed by:
Brandon Tran DRE #01926337 510-735-5367,
Fifty Hills Real Estate 415-841-3886,
Theodore Wong,
Compass
Source: SFAR,MLS#: 424072615
Originating MLS: San Francisco Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 0
Interior area
- Total structure area: 9,790
- Total interior livable area: 9,790 sqft
Property
Parking
- Total spaces: 12
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Has view: Yes
- View description: Hills
Lot
- Size: 0.45 Acres
- Features: Curb(s), None
Details
- Parcel number: 4252620010
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- Year built: 1977
Utilities & green energy
- Electric: Separate Meter
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Common Area Meter, City
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: Varies By Unit
Location
- Region: El Sobrante
- Elevation: 0
Financial & listing details
- Price per square foot: $373/sqft
- Price range: $3.7M - $3.7M
- Date on market: 10/10/2024
- Listing terms: 1031 Exchange,Conventional
- Total actual rent: 0
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