2318 Lowell Avenue, Richmond, CA 94804
- $925,000
- 3,154
- SqFt
- List Price
- $925,000
- Status
- ACTIVE
- MLS#
- 41143142
- Year Built
- 1961
- Property Type
- Quadruplex
- Living Area
- 3,154
- Lot Size
- 5,000
- Acres
- 0.11
- County
- Contra Costa
- Subdivision
- Central Richmond
Property Description
Exceptional investment opportunity in the heart of Richmond! This well-maintained fourplex features four spacious 2-bedroom, 1-bath units totaling approximately 3,154 square feet, offering immediate income with significant long-term upside. Two units are subject to rent control, while the two upper units are exempt, providing flexibility for future rental growth or owner occupancy. The upper units have been recently refreshed with new interior paint, and the exterior has been freshly painted, allowing the next owner to focus on maximizing returns rather than tackling major renovations. The property is individually metered for PG&E (tenant-paid utilities) and includes a new coin-operated washer and dryer, additional rear storage, and covered parking—desirable amenities that enhance tenant appeal and retention. This property offers excellent value-add potential, making it an attractive opportunity for investors seeking long-term appreciation and increased cash flow, as well as owner-occupants looking to offset their mortgage with rental income. Conveniently located near Highways 80 and 580, shopping, dining, public transportation, and everyday conveniences, this property benefits from strong commuter demand and a highly desirable rental location
Additional Information
- Exterior
- Stucco, Wood Siding, Other
- Flooring
- Laminate, Tile, Engineered Wood
- Laundry Features
- Coin Operated, Laundry Room
- Lot Description
- Back Yard
- Parking Features
- Carport, Carport - 2 Or More
- Roof
- Unknown
- Water Sewer
- Public
- Elementary School
- West Contra Costa (510) -231-1100
- High School
- West Contra Costa (510) -231-1100
Mortgage Calculator
Listing courtesy of Lisa Gordon from Trust Properties USA, Inc. 925-895-4059
Bay East © 2026. CCAR © 2026. BridgeMLS © 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on: