9 days on rocket

854 7th St, Richmond, CA, 94801

$888,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

854 7th St, Richmond$888,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1917
HeatingElectric
MLS #41057359
Lot Size0.09 Acres
StatusActive

About 854 7th St

Fourplex will be delivered to buyer with 3/4 units year long leases in place at the close of escrow, at the moment we are doing drive by viewings only subject to inspection. Currently listed at a 7.02% Cap rate with proforma of 8.46%. This parcel is comprised of four 2-bed 1-bath units providing 8 bedrooms and 4 bath for a family buying, house hacker getting into their first unit, or an investor getting of an investor to cashflow the units. Email listings agent for questions and financials. Disclosures in link. One unit could be delivered vacant upon request for buyer. Great opportunity for potential ADU for homeowners & investors alike. Possible seller carry on a small portion of the loan.

Property Details

Property Features

Property Information:

  • Year Built: 1917

Listing Office:

  • Office Name: Conner Applegate, Broker
  • Office Phone: (925) 726-7120
  • Listing Agent: Conner Applegate

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate, Tile

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Richmond High School, Public District Grades 9-12
  • Middle College High School, Public District Grades 9-12
  • Helms Middle School, Public District Grades 7-8
  • Peres Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Lucas/7th Cross Street: Lucas.

Price Information

Listing Price Info

Price Summary:

  • List Price: $888,000

Tax Information:

  • Annual Amount: $15,363
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Richmond, CA.

Map thumbnail provided by MapBox

Richmond, CA

City

Med. Sold Price

$650K

Med. Price/SqFt

$516

Avg. Days On Market

25

# of Sold Homes

55

854 7th St vs Richmond

9 DAYS ON ROCKET

-16 Days

$888,000

+$238K More

KEY TAKEAWAY

This property is $238K more than the Median Sold Price in Richmond, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41057359

Listing Office:

  • Office Name: Conner Applegate, Broker
  • Office Phone: (925) 726-7120
  • Listing Agent: Conner Applegate

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 9:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 01, 2019Home Sold
$750,000
Jun 18, 2009Home Sold
$120,000
Dec 08, 2003Home Sold
$280,000
Apr 14, 1998Home Sold
$190,909

Tax History

YEARPROP. TAXASSESSMENT
2021$15,363$772,924
2020$14,724$765,000
2019$9,800$451,013
2018$9,522$442,170
2017$9,910$433,500

History based on county public records data.

Payment Calculator

$4,499

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,729

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6182563
2
/10

  • Peres Elementary School

  • 719 5th St

  • 0.21 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6182564
1
/10

  • Helms Middle School

  • 2500 Road 20

  • 1.73 miles

  • Public District Grades 7-8

High School

school-card-donut-6182565
1
/10

  • Richmond High School

  • 1250 23rd St

  • 0.93 miles

  • Public District Grades 9-12

school-card-donut-6182566
10
/10

  • Middle College High School

  • 2600 Mission Bell Dr

  • 2.00 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,517. Residents of Richmond, CA typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Contra Costa County›Richmond›94801›854 7th St

This home is located at 854 7th St in Richmond, CA and zip code 94801 in the Iron Triangle neighborhood. This home, which was built in 1917, sits on a 0.09 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $888,000.

In April 2024, from all listings sold in Richmond, CA there were more than 29 sold above asking price, over 16 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Richmond, CA between March 2024 and April 2024 increased by 15.5%. While the average time on the market in April 2024 was 25 days, the median list price was $650,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources