CA > Richmond > Iron Triangle
Richmond, CA 94801,420 5Th St
Richmond, CA 94801,420 5Th St
Richmond, CA 94801,420 5Th St
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Parisa Samimi

Parisa Samimi

+1(510) 410-4050
$900,000
Est. payment /mo
7 Beds
2,468 SqFt
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Sun Jun 22, 2:00pm - 4:00pm

Tue Jun 24, 12:00pm - 1:00pm

Wed Jun 25, 6:00pm - 7:00pm

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,468 sqft

Price per Sqft $364

Subdivision Iron Triangle

MLS Listing ID 41101466

Bedrooms 7

HOA Y/N No

Year Built 1910

Lot Size 5,650 Sqft

Acres 0.13

Property Sub-Type Triplex

Property Description

This turnkey Triplex with Cash Flow in a convenient location will unlock immediate income as it is fully leased, generating $7,650/month in rent—$91,800 annually—and offering an impressive 7% cap rate at the current asking price. With low annual maintenance costs (approx. $3,600), this well-maintained gated property is a rare opportunity to secure strong market rents from day one. The property features: - Two spacious 3BD/1BA units in a duplex—one partially remodeled - A charming, remodeled 1BD/1BA detached unit with a large bonus basement - In-unit laundry for all three residences - Secure, gated parking for approximately 4 vehicles - A sizable shared yard, ideal for tenants Conveniently located just 7 minutes from the Richmond Ferry Terminal, with fast access to San Francisco. Plus, minutes to Kaiser hospital. This property also qualifies for special loan programs thanks to its location in an eligible lending area. Whether you're expanding your portfolio or looking for a low-maintenance, income-producing property in a growing market, or even want to move in and offset the mortgage with rental income, 420 5th Street delivers on value, versatility, and long-term upside.

Location

State CA

County Contra Costa

Rooms

Basement Partial

Interior

Interior Features Storage

Heating Wall Furnace

Cooling Ceiling Fan(s)

Flooring Laminate, Tile, Vinyl

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Storage Area

Total Parking Spaces 4

Building

Lot Description Rectangular Lot

New Construction No

Others

Tax ID 5380800309

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Mark DuBois • Keller Williams Rlty East Bay

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agent

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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420 5Th St