506 McLaughlin St , Richmond, CA 94805
$1,200,000
Est. Payment: $6,545.64/mo
8 Bed
3594 Sqft
0.11 Acres
Status: Active | Days on site: 19
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House Description

506 McLaughlin Street presents a rare opportunity to acquire a well-maintained four-unit apartment building in Richmond, CA, consisting of (4) two-bedroom, one- bathroom residences. Built in 1950, the property sits on a 5,000 square-foot lot and features (3) three private garages, offering tenants or an owner-user valuable parking and storage that is difficult to find in comparable multifamily offerings. Ideally situated on the border of El Cerrito, the property offers excellent access to I-80 and nearby BART stations, along with convenient proximity to Home Depot, Target, and everyday retail. The location is also close to the Berkeley Country Club, adding to the desirability of the surrounding residential area. The investment appeal of this asset is anchored by Richmond's consistently strong renter demand and the property's outstanding regional connectivity with direct freeway and BART access providing tenants a quick commute to Berkeley, Oakland, San Francisco, and the broader Bay Area job market. This combination of steady rental fundamentals and unmatched accessibility positions 506 McLaughlin Street as an excellent investment opportunity for an owner seeking a stable, income- producing multifamily asset.

Highlights

Listed by Gabriel Manzanares , 415-794-5804 Compass , (415) 345-3000. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1950

County

Contra Costa

Area

699 - Not Defined

School District

Other

Listing ID

ML82055842

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:3
Zoning:Multifamily
Roof:Flat
Sewer:Public Sewer
Principal Interest
$6,546
Taxes
$1,827

Home Price

$1,200,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,545.64

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,545.64 $1,826.92 $0.00 $8,372.55
Yearly $78,547.64 $21,923.00 $0.00 $100,470.64
Total $2,356,429.28 $657,690.00 $0.00 $3,014,119.28

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Richmond, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T19:12:51.000Z

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