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4140 Fran Way
Richmond, CA 94803 May Valley

$3,750,000 USD

Apartments For Sale  •  9,790 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,790 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1977
  • Zoning C-2, Richmond
31 Transit Score
57 Walk Score

Highlights

Excellent Unit Composition: Featuring (10) two-bedroom/one-bath and (2) one- bedroom/one-bath condo units, providing an ideal mix for an investor.
Modernized Living Spaces: Each unit has been updated with in-unit laundry, private balconies, and a dedicated 1-car garage.
Condo Conversion Completed (2018): Generate immediate cash flow and appreciation, the option to sell units individually in the future
Well-Managed Association: A fully established HOA oversees common area maintenance.
Significant Resale Potential: The Average Sales Price in the last year for condominiums in the nearby area is $315,106 for 1 BRs & $383,200 for 2 BRs
Condominiums may qualify for exemption from rent control under AB 1164 (Costa Hawkins)

Property Flyers

Amenities

  • Balcony
  • Dishwasher
  • Fenced Lot
  • Washer/Dryer
  • Refrigerator
  • Range

Public Transportation

AirportDriveWalkDistance
Metro Oakland International 35 min - 24.7 mi
San Francisco International 47 min - 32.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Theodore Wong 510-384-9721 Compass Commercial
Theodore Wong 510-384-9721 Compass Commercial