5533 Madison Ave | Richmond, CA 94804
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- LoopNet Team
5533 Madison Ave
Richmond, CA 94804
Multifamily Property For Sale · 7 Units
Investment Highlights
- Individual Garages, On-site Laundry
- Strong Submarket Rent Growth 5.2% YOY, 7.7% Forecasted for 2022 per CoStar - Significant Upside Potential in Rents
- Premier Richmond/El Cerrito Border Location, Within 10 Minute Walk of Del Norte BART Station, 3 Blocks From I-80 On- & Off- Ramps
- 1981 Construction, Attractive Unit Mix
- Newly updated Exterior & Select Units
- WalkScore of 85/100 - "Very Walkable" Most Errands Can Be Accomplished On Foot
PROPERTY FACTS
| No. Units | 7 | Building Size | 6,101 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low Rise | Year Built | 1982 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 0.22 AC |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,101 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1982 |
| Parking Ratio | 1.15/1,000 SF |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 5 | - | - |
| 3+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 509-180-024-2 | Improvements Assessment | $957,168 |
| Land Assessment | $832,320 | Total Assessment | $1,789,488 |
PROPERTY TAXES
Parcel Number
509-180-024-2
Land Assessment
$832,320
Improvements Assessment
$957,168
Total Assessment
$1,789,488
zoning
| Zoning Code | N/Av, Richmond |
| N/Av, Richmond |
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