Pending

2318 Lowell Avenue

Richmond, CA 94804
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Bed 0

Bed

Bath 0

Bath

SqFt5,000

Sqft(Lot)

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

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $875,000

AD Id : 88552701

MLS Id : 41143142

Lot Size : 5,000 Sq. Ft

Year Built : 1961

County : Contra Costa

Subdivision: Edgewater Estates

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1961
    Construction Materials: SeeRemarks, Stucco, WoodSiding
    Private Pool: No

  • Lot Information

    Main Square Feet: 5000 Lot Size Acres: 0.1148 Lot Size Source: PublicRecords Lot Size Square Feet: 5,000 Lot Description: BackYard

    Property Information

    Subdivision: CENTRAL RICHMOND Source Property Type: ResidentialIncome Property SubType: Quadruplex Property Age: 65

  • Listing Price Information

    Listing Price: $875000
    Original Price: $925000
    Conventional

  • Tax Information

    Parcel Number: 5271900051

  • Location Information

    Direction: Cross Street: S 23rd Street.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3235 Ohio Avenue, Richmond, CA, 94804 $850,000 8 -- 2,600 5,176 Sq. Ft
3227 Ohio Avenue, Richmond, CA, 94804 $850,000 8 -- 2,600 5,170 Sq. Ft
608 S 49th St, Richmond, CA, 94804 $799,000 4 2 -- 6,000 Sq. Ft
3008 CENTER Avenue, Richmond, CA, 94804 $589,000 4 2 -- 5,050 Sq. Ft
100 S 21st Street, Richmond, CA, 94804 $930,000 6 3 -- 4,100 Sq. Ft
457 S 18th Street, Richmond, CA, 94804 $998,000 -- -- 3,652 5,000 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/11/2026 @ 17:47

MLS: 41143142 LISTED BY: Lisa Gordon, Trust Properties USA, Inc 800-579-4380 SOURCE: CRMLS

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