5955 Wenk Ave, Richmond, California 94804, Richmond, 94804 - bed, bath
ACTIVE$1,250,000
5955 Wenk Ave, Richmond, California 94804
0Bed
0Bath
Sqft
6,490Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: The property boasts a prime location in the desirable Richmond Annex, bordering El Cerrito, enhancing its appeal and potential for appreciation.
Top Cons:
Age of Property: Built in 1967, the property is over 50 years old, which may indicate aging infrastructure, systems, and potential for deferred maintenance.
Compared to the nearby listings
Price:$1.25M vs avg $833.8K (+$416,250)90%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1967 (58 years old).
Condition: The property was built in 1967, making it 57 years old. While the exterior appears functional, and the common laundry room has a newer water heater, the overall aesthetic is very dated. Crucially, there are no interior photos of the kitchens or bathrooms, which are key indicators of a property's condition. The absence of these photos strongly suggests these areas are not a selling point and are likely original or from a very old renovation (30-50+ years ago). To bring these units to a modern, desirable standard would require substantial rehabilitation, including full kitchen and bathroom remodels, flooring, and fixture updates, aligning with the 'poor' condition criteria.
Year Built
1967
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41086044
Home ConditionPoor
Features
Patio
View-
About this home
Prime located 4 units in Richmond Annex, El Cerrito border, all 2 bedroom and 1 bathroom units, 850 sqft with one car garages . Walk to bart, schools and transportation.
Nearby schools
5/10
Fairmont Elementary School
Public,•K-6•0.7mi
4/10
Fred T. Korematsu Middle School
Public,•7-8•0.7mi
5/10
El Cerrito Senior High School
Public,•9-12•1.1mi
Condition Rating
Poor
The property was built in 1967, making it 57 years old. While the exterior appears functional, and the common laundry room has a newer water heater, the overall aesthetic is very dated. Crucially, there are no interior photos of the kitchens or bathrooms, which are key indicators of a property's condition. The absence of these photos strongly suggests these areas are not a selling point and are likely original or from a very old renovation (30-50+ years ago). To bring these units to a modern, desirable standard would require substantial rehabilitation, including full kitchen and bathroom remodels, flooring, and fixture updates, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Location: The property boasts a prime location in the desirable Richmond Annex, bordering El Cerrito, enhancing its appeal and potential for appreciation.
Strong Income Potential: As a 4-unit quadruplex, this property offers significant residential income potential, making it an attractive investment opportunity for cash flow.
Excellent Walkability & Transit Access: Tenants benefit from exceptional walkability to BART, schools, and various transportation options, a key factor for rental demand.
Individual Garages: Each unit includes a one-car garage, a highly sought-after amenity that adds convenience and value for tenants.
Desirable Unit Mix: All four units are configured as 2-bedroom, 1-bathroom, a popular and easily rentable layout that appeals to a broad tenant base.
Cons
Age of Property: Built in 1967, the property is over 50 years old, which may indicate aging infrastructure, systems, and potential for deferred maintenance.
Potential for Dated Interiors: The description does not mention any recent renovations or upgrades to the unit interiors, suggesting they may be in original or dated condition, potentially requiring significant capital expenditure for modernization.
Limited Unit Size: At 850 sqft per 2-bedroom unit, the individual units are on the smaller side, which might limit appeal to some renters seeking more spacious living accommodations.