5533 Madison Ave

Richmond, CA
$ 1,750,000 Beds 9 Baths 5 Sq 6,101
Monthly Estimate* How much can I afford?

A prime 7-unit at 5533 Madison Ave in the Richmond Annex bordering El Cerrito, CA. The property consists of five 2-bed, 1-bath units, one 1-bed, 1-bath unit, and one 3- bed, 1-bath unit, each with an individual garage built in 1982. The units are individually metered for PG&E, keeping expenses low, and owned coin-operated laundry machines provide additional income. The owner has made consistent improvements to the property, including new landscaping, new paint, and some renovated units. Additionally, the current rents at the property are on average 38% below market creating tremendous income upside for the new owner.

Backup

  • Price
  • $ 1,750,000
  • Lot Size
  • 9,583 SqFt
  • Bedrooms
  • 9
  • Sqr Footage
  • 6,101
  • Full Bathrooms
  • 5
  • Year Built
  • 1981
  • Half Bathrooms
  • 0
  • City, Zip
  • Richmond
  • Taxes
  • $ 32627
  • County
  • CONTRA COSTA
  • Style
  • 5 or More Units
  • Area
  • Richmond -Annex
  • MLS#
  • 40977035
  • Zip
  • 94804
Listing Provided by: ETHAN BERGER with NAI Northern California.
Data Source: Contra Costa Association of REALTORS®

Features

General

Age 41

Exterior Features

Apx Lot Sq Ft 9453
Lot Size Area 0.22

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Clayton, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

1/4/2022 Listed $1,750,000

Property vs Zip Code Average in 94804

Price
AVG $1.15M
$1.75M
Taxes
AVG $32,627
$32,627
Visits
AVG 32
14
Year Built
AVG 1987
1981
Walkscore
AVG 58
78
Data Provided by Walkscore ® not using MLS data

Map

5533 Madison Ave Richmond, CA is a Single Family Home for sale at $1750000 with 6101 sqft and a lot size of 9,583 SqFt Acre(s). 5533 Madison Ave Richmond has 9 bedrooms, 5 baths and was built in 1981. The property's zip code is 94804 which is in Richmond, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.