This property is priced to SELL. Located at 1324 Gaynor Ave in Richmond, this multifamily property presents a compelling investment opportunity with a list price of $1,050,000, translating to roughly $210,000 per unit and $263 per square foot. Constructed in 1960, the property consists of 4 units + 1 Non conforming unit on a spacious 0.26-acre lot, totaling 4,000 square feet of building area. The asset features a diverse unit mix consisting of (1) 2 bedroom/1-bathroom, (2) 1 bedroom/1-bathroom, (1) Studio Unit, and (1) Studio Unit non conforming. The building is complemented by 2 garage parking spaces + 2 additional driveway parking spots that provide ample and convenient access for residents. From a financial perspective, the property offers a current cap rate of 8.4% and a GRM of 8.4, with a current occupancy rate of 100%. Current scheduled rents total $9,613 per month and $115,356 Gross Rental Income! This is your opportunity to get a well priced, fully occupied, turnkey building with maximum rents. Utilities are efficiently structured, with water master-metered, electric and gas individually metered, and the landlord responsible for the house meter, providing a balanced operating framework. Disclosures & Marketing: https://app.disclosures.io/link/1324-Gaynor-Avenue-rs7bpmgg

Listing courtesy of Julien Goavec of Clearpoint Brokerage Corporation | Agent Phone: (415) 375-4330



Listing information is provided by Participants of the San Francisco Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, San Francisco Association of Realtors MLS.
Last checked: 2026-09-10 05:46 AM UTC