3033 Rheem Ave Richmond, CA
$ 650,000
Property Attributes
  • ID#40963380
  • TypeSingle Family
  • CityRichmond
  • NeighborhoodRichmond
  • Zip94804
  • StyleDetached
  • Price$ 650,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage1906
  • Lot Size2,500 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

Appliances Microwave, Free-Standing Range, Refrigerator
Association Y/N No
City Richmond
Construction Materials Lap Siding, Siding - Stucco
Cooling Central Air
County Contra Costa
Directions Rheem Ave
Electric No Solar
Flooring Tile, Other
Garage Spaces 1
Garage Y/N Yes
Heating Forced Air, Central
Lot Size Square Feet 2500
New Construction No
Pool Features None
Property SubType Detached
Property Type Residential
PropertyCondition Existing
Roof Composition Shingles
Standard Status Active
Status Active
Street Name Rheem Ave
Subdivision Name Richmond
Total Rooms 12
Virtual Tour
Virtual Tour
Year Built 1950

Interior Features

Air Conditioning Y/N Yes
Fireplace Features None
Fireplace Y/N No
Full Baths 4
Heating Y/N Yes
Kitchen Features Microwave, Range/Oven Free Standing, Refrigerator, Wet Bar
Laundry Features Laundry Room
Living Area 1906
Total Baths 4
Total Bedrooms 4

Exterior Features

Lot Features Level
Lot Size Area 2613.6
Parking Features Attached
Water Source Public


  • 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 $680K
AVG 23
Year Built
AVG 1957
AVG 69
Data Provided by Walkscore ® not using MLS data

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