Description

512 S 16th Street is a rare opportunity to acquire a secure, upgraded, and income-generating 6-unit apartment complex with both immediate cash flow and long-term appreciation potential. This well-maintained building features 5 renovated 2BD/1BA units at approximately 820 sq ft, plus Unit #2 offering an additional bonus room for flexible use. All units are tenant-occupied, each equipped with a Ring doorbell, a dedicated carport, and owner-paid water & garbage. The property offers gated pedestrian and vehicle access, 8 exterior security cameras, an on-site laundry room with 2 washers/2 dryers and private outdoor space for tenant use. With modern upgrades, stable tenancy, and a desirable unit mix, this asset provides a strong foundation for expanding your portfolio or entering the East Bay multifamily space.

Property details

Year built

1964

Property type

Residential Income

Lot size

8,010 sqft

Location

512 S 16th St • Richmond, CA 94804

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Listed by

Brandon Payton · Christie's Int'l RE Sereno

Similar Listings

Recent sales near 512 S 16th St

311 S 17Th St: Sold $300,000 · 1 bd · 1 ba · 503 sqft · Sep 2026 · 0.2 mi
2208 Potrero Ave: Sold $500,000 · 2 bd · 1 ba · 800 sqft · Jun 2026 · 0.3 mi
COMMUNITY REALTY & INVESTMENTS | DRE #01274733
Buyer's agent: Carlos Espino, Coldwell Banker | DRE #01428557
138 S 17Th St: Sold $535,000 · 2 bd · 1 ba · 741 sqft · Jun 2026 · 0.4 mi
Homesmart PV and Associates | DRE #01257492
Buyer's agent: Clara Wong, Century 21 Masters | DRE #01905231
140 S 20Th St: Sold $530,000 · 2 bd · 1 ba · 932 sqft · Jul 2026 · 0.4 mi
BHG RE Reliance Partners | DRE #01307858
Buyer's agent: Divina Marinas, Relentless Real Estate | DRE #02168970
2415 Maine Ave: Sold $400,000 · 4 bd · 2 ba · 1,356 sqft · Jun 2026 · 0.5 mi
Keller Williams Realty | DRE #02099653
Buyer's agent: Dawson Criddle, Keller Williams Realty | DRE #02373066
1753 Northshore Dr: Sold $625,000 · 2 bd · 3 ba · 1,297 sqft · Jul 2026 · 0.5 mi
KW Advisors East Bay | DRE #01449007
Buyer's agent: Angelica Franco, eXp Realty of California, Inc | DRE #02221895
904 Jetty Drive: Sold $710,000 · 3 bd · 4 ba · 1,556 sqft · Jul 2026 · 0.6 mi
eXp Realty of California Inc | DRE #02000633
Buyer's agent: Daniel English | DRE #02042821
2503 Baywood WAY: Sold $535,000 · 2 bd · 3 ba · 1,101 sqft · Jun 2026 · 0.6 mi
eXp Realty of California | DRE #01978778
Buyer's agent: Ehsan Habib, KW Advisors East Bay | DRE #02166899

Closed sales reported in 94804, nearest first, last 12 months. All recent sales in Richmond →

Residential Income - 512 S 16th St, Richmond, CA