2318 Lowell Avenue, Richmond, CA 94804

• 3,154 sqft

Property Description

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

Listing Status:

Active

Date Added:

July 29, 2026

Data Last Updated:

August 24, 2026 at 2:09PM

Listing Office:

Trust Properties USA, Inc : 800-579-4380

Listing Agent:

Lisa Gordon : 925-895-4059

MLS ID:

41143142

Interior

• General: StorageStorage Area(s)
• Laundry: Coin OperatedLaundry Room
• Basement: None
• Flooring: LaminateTileEngineered Wood
• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace

Exterior

• General: Back Yard
• Parking: CarportCarport - 2 Or MoreParking spaces: 4

Construction

• General: StuccoWood SidingOther

Location

• School District: West Contra Costa (510) -231-1100
• County: Contra Costa

Lot

• Zoning: 5271900051

Utilities

• Water: Public
• Sewer: Public Sewer