Map
Listed price in listed location currency (USD).
$1,050,000

644

MLS® 426147156

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 1553 sqft
Garage Yes
Taxes 
Days Active 13
Lot Size 0.0918 Acres
Approx. Age 1960
Avg. Price Per Sqft $676
MLS® Number 426147156

Property Address: 1324 Gaynor Ave, Richmond, CA, 94801-2361

Average square foot calculated using Size range provided by listing agent.

Description

This property is priced to SELL. Located at 1324 Gaynor Ave in Richmond, this multifamily property presents a compelling investment opportunity with a list price of $1, 050, 000, translating to roughly $210, 000 per unit and $263 per square foot. Constructed in 1960, the property consists of 4 units + 1 Non conforming unit on a spacious 0.26-acre lot, totaling 4, 000 square feet of building area. The asset features a diverse unit mix consisting of (1) 2 bedroom/1-bathroom, (2) 1 bedroom/1-bathroom, (1) Studio Unit, and (1) Studio Unit non conforming. The building is complemented by 2 garage parking spaces + 2 additional driveway parking spots that provide ample and convenient access for residents. From a financial perspective, the property offers a current cap rate of 7.57% and a GRM of 9.1, with a current occupancy rate of 100%. Current scheduled rents total $9, 613 per month and $115, 356 Gross Rental Income! This is your opportunity to get a well priced, fully occupied, turnkey building with maximum rents. Utilities are efficiently structured, with water master-metered, electric and gas individually metered, and the landlord responsible for the house meter, providing a balanced operating framework. Disclosures & Marketing: https://app.disclosures.io/link/1324-Gaynor-Avenue-rs7bpmgg
MLS® Number426147156
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1960
Basement
DrivewayAttached, Garage, Uncovered
Garage Spaces
HeatCentral
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 15, 2026List Date
$1,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
1324 Gaynor Ave, Richmond, CA

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