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$1,225,000
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Property Description
To access the marketing package copy/paste: https://bit.ly/kitehillre. 3321 Barrett Ave is a well-maintained 6-unit building built in the 1950s, offering an attractive investment opportunity. The property consists of a four-unit building with four 2-bedroom units, along with a duplex featuring two 1-bedroom units. Each unit offers ample space, with the 2-bedroom units close to 1,000 square feet and the 1-bedroom units just under 800 square feet. On average, each unit spans nearly 900 square feet. The building is separately metered for water, gas, and electricity, which helps keep operating expenses low for the new owner. Currently, the property generates over $10,000 per month with over 30% upside in gross rents and nearly 50% upside in net operating income. Many of the units have been recently updated, including upgrades to electrical panels and windows, while the exterior has been meticulously maintained with freshly paved garage areas and well-kept brick trim. The result is a perfect blend of vintage charm and modern living. The property is also well-equipped for tenants, with six garages and additional off-street parking spaces available. Its prime location in the desirable North & East district of Richmond, California, further enhances its appeal
Full Property Details
Full Property Details for 3321 Barrett Ave
General
- Sold For: $1,225,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41087307
- Added to Site: 323 day(s) ago
Interior
- Flooring: Carpet
Parking
- Attached garage: Yes
- Parking Features: Attached, Detached
Location
- Area: Listing
- County: Contra Costa
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: None
- Heating Type: Electric
Utilities
- Utility Description: Wired For Cable TV, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
Structural Information
- Exterior Const.: Stucco
- Roof: Flat, Shingle
- Living Area: 5,367 Sq. Ft.
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.23
- Lot Dimensions: 10019
- Lot Features: Corner Lot
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $238
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 5160500103
Listed and Sold by Kite Hill Real Estate, Jatin Mehta
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Schools
Schools serving 3321 Barrett Ave
School District:West Contra Costa Unified School District
| Name | Grades | Distance |
|---|---|---|
Wilson Elementary School, Richmond, CA 629 42nd Street, Richmond, CA 94805 | K-6 | 0.4 mi |
Lovonya Dejean Middle School 3400 Macdonald Avenue, Richmond, CA 94805 | 7-8 | 0.3 mi |
Kennedy High School 4300 Cutting Boulevard, Richmond, CA 94804 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3321 Barrett Ave
Date
Details
Price
Change
Source
6/06/2025
Sold
$1,225,000
-3.92%
MLS
4/10/2025
Price Reduced
$1,275,000
-10.53%
MLS
2/26/2025
Listed
$1,425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3321 Barrett Ave, Richmond, CA 94801 (MLS# 41087307) is a Commercial Residential Facility property that was sold at $1,225,000 on June 06, 2025. Want to learn more about 3321 Barrett Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Richmond? You can browse all Richmond real estate or contact a Coldwell Banker agent to request more information.

