3321 Barrett Ave, Richmond, CA 94801

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$1,275,000

bedrooms

bathrooms

square feet

5,367

Acreage

0.23

Open Houses

year built

1950

Full Baths

Half Baths

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To access the marketing package copy/paste: https://bit.ly/kitehillre. 3321 Barrett Ave is a well-maintained 6-unit building built in the 1950s, offering an attractive investment opportunity. The property consists of a four-unit building with four 2-bedroom units, along with a duplex featuring two 1-bedroom units. Each unit offers ample space, with the 2-bedroom units close to 1,000 square feet and the 1-bedroom units just under 800 square feet. On average, each unit spans nearly 900 square feet. The building is separately metered for water, gas, and electricity, which helps keep operating expenses low for the new owner. Currently, the property generates over $10,000 per month with over 30% upside in gross rents and nearly 50% upside in net operating income. Many of the units have been recently updated, including upgrades to electrical panels and windows, while the exterior has been meticulously maintained with freshly paved garage areas and well-kept brick trim. The result is a perfect blend of vintage charm and modern living. The property is also well-equipped for tenants, with six garages and additional off-street parking spaces available. Its prime location in the desirable North & East district of Richmond, California, further enhances its appeal

Location
Subdivision	-
County	Contra Costa
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 41087307

Listing agent: Jatin Mehta

Listing broker: Real Broker Technologies, Inc. (619) 248-6434

Last update: Wednesday, April 23 2025 at 8:52 p.m. EDT

Kotohomes National