$3,750,000
4140 Fran WAY Richmond, CA 94803
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Brandon Tran Fifty Hills Real Estate
$3,750,000
Est. payment /mo
22 Beds
9,790 SqFt
UPDATED:
10/10/2024 10:27 PM
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 9,790 sqft
Price per Sqft $383
MLS Listing ID 424072615
Bedrooms 22
HOA Y/N No
Year Built 1977
Lot Size 0.450 Acres
Acres 0.45
Property Description
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.
Location
State CA
County Contra Costa
Area Richmond-El Sobrante
Interior
Fireplace No
Exterior
Utilities Available Common Area Meter, City
View Hills
Roof Type Composition
Building
Lot Description Curb(s), None
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Tax ID 4252620010
Acceptable Financing 1031 Exchange, Conventional
Listing Terms 1031 Exchange, Conventional
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Rebecca Brooks
San Francisco Bay Area Team Leader | License ID: 1249870
San Francisco Bay Area Team Leader License ID: 1249870