512 S 16th St, Richmond, CA — listing photo 1
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FOR SALENew Listing

512 S 16th St

Richmond, CA 94804
8,010 Lot Sq Ft
Built 1964
$1,100,000
Price ReducedWas $1,120,000 — $1,100,000 (-$20,000)

Property Overview

512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.

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Home Details

Property type
Residential Income - Apartment
Year built
1964
Lot size
8,010 sq ft
Parking
6 spaces
Days on market
13
MLS status
Active

Features & Amenities

Appliances

  • Gas Water Heater
  • Dryer
  • Washer

Lot

  • Street Level

Community, Schools & Utilities

Community

Subdivision
RICHMOND

Utilities

Heating
NaturalGas
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Location & Neighborhood

512 S 16th St

Richmond, CA 94804

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Frequently Asked Questions About 512 S 16th St

Property type: Residential Income

The current asking price is $1,100,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 512 S 16th St. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1964. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Richmond, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Richmond property.
The MLS currently reports the property as Active. It has been listed for 13 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Brandon Payton
MLS ID: CCBE-206532908

Available property

$1,100,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.