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Exceptional investment opportunity in the East Bay rental market. 146 19th Street is a well-maintained 9-unit apartment building located in a convenient Richmond neighborhood with close proximity to BART, freeways, shopping, and local amenities. The property offers a desirable mix of eight, 2-bedroom/1-bath units and one studio, appealing to a broad tenant base. A soft-story seismic retrofit was completed with permits in 2025, and the sewer lateral is in full compliance, reducing ownership risk and future expense. Each unit benefits from one gated parking space, and the building features an on-site coin-operated laundry facility that provides both convenience for residents and supplemental income. Half of the units have been upgraded, while others offer clear value-add potential through renovation. With strong rental demand, stable tenancy, and key capital improvements already completed, this property delivers both reliable income and long-term appreciation potential. Offered at a 6.17% Cap Rate.
Property Type(s):
Residential Income
| Last Updated | 9/9/2025 | Tract | CENTRAL RICHMOND |
|---|---|---|---|
| Year Built | 1961 | County | Contra Costa |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Stucco |
| HEAT | Wall Furnace |
| LOT | 8438 sq ft |
| SUBDIVISION | CENTRAL RICHMOND |
Location
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Listed with Winkler Real Estate Group
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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