Richmond, CA 94805
$1,200,000
Bed
0
Bath
0
Living Space
3,594 SqFt
Year Built
N/A
Lot Size
N/A
Days
15
506 McLaughlin Street presents a rare opportunity to acquire a well-maintained four-unit apartment building in Richmond, CA, consisting of (4) two-bedroom, one- bathroom residences. Built in 1950, the property sits on a 5,000 square-foot lot and features (3) three private garages, offering tenants or an owner-user valuable parking and storage that is difficult to find in comparable multifamily offerings. Ideally situated on the border of El Cerrito, the property offers excellent access to I-80 and nearby BART stations, along with convenient proximity to Home Depot, Target, and everyday retail. The location is also close to the Berkeley Country Club, adding to the desirability of the surrounding residential area. The investment appeal of this asset is anchored by Richmond's consistently strong renter demand and the property's outstanding regional connectivity with direct freeway and BART access providing tenants a quick commute to Berkeley, Oakland, San Francisco, and the broader Bay Area job market. This combination of steady rental fundamentals and unmatched accessibility positions 506 McLaughlin Street as an excellent investment opportunity for an owner seeking a stable, income- producing multifamily asset.
Listing provided courtesy ofGabriel Manzanares License 02051583 Compass
- Mira Vista Elementary School (Elementary) - GreatSchools rating 7/10 - Fred T. Korematsu Middle School (Middle) - GreatSchools rating 5/10 - El Cerrito Senior High School (High) - GreatSchools rating 7/10 School District: West Contra Costa Unified
Within a 1-2 mile radius of 506 McLaughlin Street, several parks are available, including Nicholl Park, which features a baseball field, playground, and walking track, and Miller-Knox Regional Shoreline Park, offering hiking trails and bay access. Rosie the Riveter/World War II Home Front National Historical Park is also nearby, preserving historical stories and sites.
The property is located in the Richmond - North & East neighborhood. This area is characterized by its established residential setting and proximity to retail, including Home Depot and Target. The neighborhood offers convenient access to major employment centers in the East Bay.
This location has a Walk Score of 50/100 and a Transit Score of 50/100. Public transit options include the Bay Area Rapid Transit (BART) system, providing access to Berkeley, Oakland, and San Francisco.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Mira Vista Elementary School (Elementary) - GreatSchools rating 7/10 - Fred T. Korematsu Middle School (Middle) - GreatSchools rating 5/10 - El Cerrito Senior High School (High) - GreatSchools rating 7/10 School District: West Contra Costa Unified
Within a 1-2 mile radius of 506 McLaughlin Street, several parks are available, including Nicholl Park, which features a baseball field, playground, and walking track, and Miller-Knox Regional Shoreline Park, offering hiking trails and bay access. Rosie the Riveter/World War II Home Front National Historical Park is also nearby, preserving historical stories and sites.
The property is located in the Richmond - North & East neighborhood. This area is characterized by its established residential setting and proximity to retail, including Home Depot and Target. The neighborhood offers convenient access to major employment centers in the East Bay.
This location has a Walk Score of 50/100 and a Transit Score of 50/100. Public transit options include the Bay Area Rapid Transit (BART) system, providing access to Berkeley, Oakland, and San Francisco.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.