420 5th St

Richmond, CA 94801

  • 7 Bed(s)
  • 3 Bath(s)
  • 0 Sqft
  • 5650
    Sqft(Lot)
$900,000

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.

  • Property Type

    Residential Income

  • County

    Contra Costa

  • Style

    Residential Income

  • AD ID

    50179083

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Flooring: Laminate,Tile,Vinyl

    Cooling Features

    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1910
    • Construction: Stucco
    • Roof: Shingle

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1297
    • Lot Size Source: Other
    • Lot Size Square Feet: 5650

  • Listing Price Information

    • Original List Price: 900,000
    • Listing Contract Date: 2025-06-13

    Lease Information

  • Tax Information

    • Parcel Number: 5380800309

  • Garage and Parking

    • Garage Description: On Street

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: West on Barrett Lft on 5th Cross Street: Barrett.
    • Source Property Type: Residential Income
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 115
    • Structure Type: Triplex
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 06/21/2025 @ 16:22

  • MLS: 41101466
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 0 sqft, 5,650 sized lot, and 0 parking. are nearby neighborhoods.