733 Maine Ave

Berger & Associates of NAI Northern California is pleased to announce the sale of 733 Maine Ave. in Richmond, CA. The property consists of three large 2-bed, 1-bath units, each with an individual garage, extra parking space, and spacious backyard. The units are individually metered for PG&E and feature new dual pane windows. This property resides in a prime Bay Area location, with Richmond being a highly sought after city to live in boasting a total population of 114,300. The ever increasing desire for people to live here consistently drives up rent prices, making this a perfect long or short term hold opportunity for investors. 733 Maine Ave. is uniquely nestled between major points of interest such as the Richmond Ferry Terminal, Kennedy High School, Multiple BART Stations, Costco, Point Isabel, Safeway, Target, and other major retailers and local restaurants.
733 Maine Ave is located within 0.9 miles of the Del Norte BART Station, Richmond Ferry, I-80 on- and off-ramps, and several essential commuting routes. The city of Richmond is the second-largest city in Contra Costa County and is located 5 miles north of Berkeley, 7 miles north of Oakland, and 14 miles east of San Francisco. Because of its relative rental affordability, core East Bay location, and multiple commuting options, Richmond is a popular commuter city and attracts tenants that work throughout the Bay Area. Despite the COVID-19 Pandemic, rents in Richmond have continued to have positive year- over-year rent growth, making it one of the best performing rental submarkets throughout the Bay Area.