Richmond, CA 94805
$1,200,000
Bed
0
Bath
0
Living Space
3,594 SqFt
Year Built
N/A
Lot Size
N/A
Days
47
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 School District
Within a 1-2 mile radius of 506 McLaughlin Street, several parks are available. These include Elm Park, Lucas Park, and Memorial Park, all noted for their recreational offerings. Additionally, Bay Vista Park, Huntington Park, and Tiller Park are within proximity, providing green spaces and amenities like playgrounds and picnic areas.
The neighborhood surrounding 506 McLaughlin Street is identified as Richmond Heights/East Richmond. This area is described as being situated on the border of El Cerrito, offering convenient access to amenities and transportation. The community is characterized by its residential nature, with proximity to the Berkeley Country Club contributing to its desirability.
This location has a Walk Score of 78 out of 100, indicating it is very walkable, and a Transit Score of 51 out of 100, meaning good transit is available. Many nearby public transportation options exist, including AC Transit bus routes such as the 71 Parchester - Rumrill - Carlson and 607 Richmond High - Point Richmond. The area also benefits from proximity to BART stations, facilitating commutes 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 School District
Within a 1-2 mile radius of 506 McLaughlin Street, several parks are available. These include Elm Park, Lucas Park, and Memorial Park, all noted for their recreational offerings. Additionally, Bay Vista Park, Huntington Park, and Tiller Park are within proximity, providing green spaces and amenities like playgrounds and picnic areas.
The neighborhood surrounding 506 McLaughlin Street is identified as Richmond Heights/East Richmond. This area is described as being situated on the border of El Cerrito, offering convenient access to amenities and transportation. The community is characterized by its residential nature, with proximity to the Berkeley Country Club contributing to its desirability.
This location has a Walk Score of 78 out of 100, indicating it is very walkable, and a Transit Score of 51 out of 100, meaning good transit is available. Many nearby public transportation options exist, including AC Transit bus routes such as the 71 Parchester - Rumrill - Carlson and 607 Richmond High - Point Richmond. The area also benefits from proximity to BART stations, facilitating commutes 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.