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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Lisa Gordon • Trust Properties USA, Inc

$ 875,000

Est. payment -/mo

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Pending

2318 Lowell Avenue Richmond, CA 94804

3,154 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,154 sqft

Price per Sqft $277

Subdivision Central Richmond

MLS Listing ID 41143142

HOA Y/N No

Year Built 1961

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

Source BAY EAST

Property Description

Newly priced at $875,000—an excellent opportunity for an owner-occupant or multifamily investor 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

Location

State CA

County Contra Costa

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile, Engineered Wood

Fireplace No

Laundry Coin Operated, Laundry Room

Building

Lot Description Back Yard

Water Public

Schools

School District West Contra Costa (510) -231-1100, West Contra Costa (510) -231-1100

Others

Special Listing Condition Offer As Is

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Garrick Yan

Team Leader CA BRE #01916102

+1(510) 999-8008

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