2318 Lowell Avenue, Richmond, CA 94804
Local realty services provided by:ERA Excel Realty
2318 Lowell Avenue,Richmond, CA 94804
$860,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: lisa gordon
Office: trust properties usa, inc800-579-4380
MLS#:41143142
Source:CRMLS
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Price summary
- Price:$860,000
About this home
Newly priced at $875,000—an excellent opportunity for an owner-occupant or multifamily investor in the heart of Richmond! This well-maintained fourplex features four spacious 2-bedroom, 1-bath units totaling approximately 3,154 square feet, offering immediate income with significant long-term upside. Two units are subject to rent control, while the two upper units are exempt, providing flexibility for future rental growth or owner occupancy. The upper units have been recently refreshed with new interior paint, and the exterior has been freshly painted, allowing the next owner to focus on maximizing returns rather than tackling major renovations. The property is individually metered for PG&E (tenant-paid utilities) and includes a new coin-operated washer and dryer, additional rear storage, and covered parking—desirable amenities that enhance tenant appeal and retention. This property offers excellent value-add potential, making it an attractive opportunity for investors seeking long-term appreciation and increased cash flow, as well as owner-occupants looking to offset their mortgage with rental income. Conveniently located near Highways 80 and 580, shopping, dining, public transportation, and everyday conveniences, this property benefits from strong commuter demand and a highly desirable rental location...
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Home facts
- Year built:1961
- Subdivision & Development:CENTRAL RICHMOND
- Listing ID #:41143142
- Added:106 day(s) ago
- Updated:November 13, 2026 at 07:30 AM
Rooms and interior
- Flooring:Laminate, Tile
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1961
- Lot Features:Back Yard
- Construction Materials:Stucco, Wood Siding
Finances and disclosures
- Price:$860,000
Parking
- Total parking spaces:4
- Parking description:Carport
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