3033 Rheem Ave Richmond, CA
$ 650,000
Property Attributes
  • ID#40963380
  • TypeSingle Family
  • CityRichmond
  • AreaRichmond - North & East
  • NeighborhoodRichmond
  • Zip94804
  • StyleFixer Upper
  • Price$ 650,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage1906
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
GRAHAM KING with Keller Williams Realty.
Data Source:
Contra Costa Association of REALTORS®
Property Description

This is a great opportunity to finish construction on a permitted addition which will basically double the beds, baths, and square footage. All work has been done with permits and much of the plumbing, electrical, HVAC, and seismic work is already done. 2 beds, 2 baths and laundry on each floor. Live on one floor and rent the other and have your tenant pay your mortgage. Check with the city about turning one floor into an attached ADU. For the savvy investor, two rented units yields a potential CAP rate of 5.3% and a gross potential rent multiplier (GRM) of 11.3. Deals with these returns are hard to find! Newish water heater, furnace, AC, and ductwork. Basement storage under the rear patio. Lots of potential with this property. Don't miss the walkthrough video.

Price History
8/22/2021 Listed $650,000

General Features

Age 71
Bathrooms 4
Beds 4
Garage Attached Garage
Laundry Y/N In Laundry Room
Pool Y/N None
Stories Two Story

Interior Features

Additional Room In-Law Quarters
Street Level 2 Bedrooms, 2 Baths, Primary Bedrm Suite - 1, Laundry Facility, Main Entry

Exterior Features

Lot Size Area 0.06
Lot Sq Ft Apx 2500


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 94804

AVG $610K
AVG 85
Year Built
AVG 1953
AVG 64
Data Provided by Walkscore ® not using MLS data

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