305 Ripley Avenue, Richmond, CA, 94801

305 Ripley Avenue Richmond, CA 94801

Richmond
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$725,000
Last Verified:
Sep 10, 2025

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Highlights

  • Updated units – All units have been tastefully updated with new kitchens and bathroom cabinetry and fixtures.
  • New Roof installed 2023.
  • All electrical sub-panels have been modernized
  • Sewer lateral replaced in 2020.
  • Potential for additional income – 2 storage spaces on-site which have historically leased for $75 a month each. New owner can implement a utility billing system on new tenants to off-set utility costs.
  • Rental upside - 3 Vacant units Buyer can lease the units at market rate and implement a RUBS program maximizing returns immediately

Description

TBD

TBD


Year Built: 1927
Building Size: 2102sq ft
Lot Size: 0.09 acres

Map of 305 Ripley Avenue, Richmond, CA, 94801

Presented by:
NAI Northern California San Jose

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Ethan Berger
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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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