5600 Carlos Ave, Richmond, California 94804, Richmond, - bed, bath

home-pic
ACTIVE$1,030,000
5600 Carlos Ave, Richmond, California 94804
0Bed
0Bath
Sqft
5,750Lot
Year Built
1964
Close
-
List price
$1.03M
Original List price
$1.03M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41109179
Home ConditionFair
Features
Patio
View-

About this home

Nice 4plex in high demand area. Centrally located, minutes to to El Cerrito Plaza & BART Station, various neighborhood stores & restaurants. Some recent remodeling in units 5602 & 5604 with fresh paint, new flooring and appliances. Private garden courtyard on side of building, shared patio in rear yard and covered parking with small storage closets for each unit. Coin operated laundry room for tenant use. Two units upstairs above carports and 2 downstairs units. Excellent investment opportunity with this well maintained property!!!

Price History

Date
Event
Price
08/22/25
Listing
$1,030,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (11 Listings)
Beds00
Baths00
Square foot00
Lot Size5,7505,250
83%
Price$1.03M$834K
58%
Price per square foot$0$0
Built year19649735980
83%
HOA
Days on market75158
17%
Condition Rating
Fair

Built in 1964, this quadruplex is 60 years old. While the description mentions 'some recent remodeling in units 5602 & 5604 with fresh paint, new flooring and appliances,' this indicates partial updates to specific units, not a comprehensive renovation of the entire property. The provided images of the exterior, carport, and coin-operated laundry room show areas that are functional and maintained but clearly dated and consistent with the property's age, lacking modern aesthetics or features. Without interior images of the kitchens and bathrooms, especially for the un-renovated units, it's reasonable to assume they are largely original or have older updates. The property is aged but appears maintained, with major components functional but showing signs of being outdated.
Pros & Cons

Pros

Excellent Investment Opportunity: As a quadruplex (4-plex) residential income property, it is explicitly highlighted as an 'Excellent investment opportunity' for generating rental income.
Prime Central Location: Situated in a 'high demand area' and 'centrally located,' it offers convenient access to El Cerrito Plaza, BART Station, neighborhood stores, and restaurants, enhancing tenant appeal.
Recent Unit Upgrades: Units 5602 & 5604 have undergone recent remodeling, including fresh paint, new flooring, and appliances, making them immediately attractive to prospective tenants.
Desirable Tenant Amenities: The property provides valuable amenities for tenants such as a private garden courtyard, shared patio, covered parking with storage closets, and a coin-operated laundry room.
Well-Maintained Condition: Described as a 'well maintained property,' suggesting good upkeep and potentially reducing immediate capital expenditure for a new owner.

Cons

Partial Unit Modernization: Only two of the four units (5602 & 5604) have received recent remodeling, indicating that the remaining units may require updates to maximize rental income and tenant satisfaction.
Property Age: Built in 1964, the property is over 50 years old, which could imply potential for higher long-term maintenance costs or the need for significant system upgrades (e.g., plumbing, electrical, roof) in the future.
Listing Data Discrepancy: The 'on_market_date' and 'modified_timestamp' are listed in the future (2025), which is an unusual data anomaly that may require clarification or indicate a potential error in the listing information.

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