4140 Fran Way Condominiums offers a unique opportunity to acquire a complete 12-unit complex in Richmond/El Sobrante, close to major retailers. Each updated unit includes in-unit laundry, private balconies, and a 1-car garage, attracting tenants and buyers. Converted from a multifamily building in 2018, the property allows for future value appreciation and individual unit sales. The established Homeowners Association ensures easy management. Nearby retailers include Walmart, Target, and Grocery Outlet, and future developments from the Hilltop Horizon Specific Plan will further enhance the area. Investors can take advantage of flexible financing options, and this turnkey asset promises both immediate cash flow and long-term appreciation in a high-demand market.
Property Details
Property Features
Property Information:
Year Built: 1977
Stories: 0
Living Area: 9,790 SqFt
Listing Office:
Office Name: Fifty Hills Real Estate
Office Phone: (415) 841-3886
Listing Agent: Brandon Tran, Theodore Wong
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 22
Exterior Features
Exterior Information:
View: Hills
Lot Features
Lot Information:
Lot: Curbs
Lot Size: 0.45 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $3,750,000
Price Per SqFt: $383/SqFt
HOA Fees:
Amount: $0
Frequency: Monthly
Tax Information:
Annual Amount: $38,707
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Murphy Elementary School
4350 Valley View Rd
Distance between this listing and this school0.25 miles
Public District Grades KG-6
4
/10
Sheldon Elementary School
2601 May Rd
Distance between this listing and this school0.63 miles
Public District Grades KG-6
4
/10
Valley View Elementary School
3416 Maywood Dr
Distance between this listing and this school0.77 miles
Public District Grades KG-6
Nearby Schools
1
/10
Crespi Middle School
1121 Allview Ave
Distance between this listing and this school0.91 miles
Public District Grades 7-8
5
/10
Stewart Elementary School
2040 Hoke Dr
Distance between this listing and this school0.99 miles
Public District Grades KG-8
5
/10
Pinole Middle School
1575 Mann Dr
Distance between this listing and this school1.50 miles
Public District Grades 7-8
Nearby Schools
4
/10
DeAnza High School
5000 Valley View Rd
Distance between this listing and this school0.64 miles
Public District Grades 9-12
5
/10
Pinole Valley High School
2900 Pinole Valley Rd
Distance between this listing and this school1.14 miles
Public District Grades 9-12
2
/10
Vista High (Alternative)
2625 Barnard St
Distance between this listing and this school1.65 miles
The neighbors living near this home have an average income of $62,935. Most Richmond, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4140 Fran Way
What is the listing price of this property?
The listing price of 4140 Fran Way property is $3,750,000.
What type of property is this?
The property 4140 Fran Way is a condo located in Richmond, California, 94803.
Is this property for sale now?
Active Listing: 4140 Fran Way is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $38,707 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 24, 2002 for $1,525,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4140 Fran Way has 22 bedrooms.
What is the square footage of this property?
The property 4140 Fran Way is 9,790 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4140 Fran Way is 1977.
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This home is located at 4140 Fran Way in Richmond, CA and zip code 94803 in the El Sobrante neighborhood. This 9,790 square foot home, which was built in 1977, sits on a 0.45 acre lot. Features: 22 bedrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $3,750,000.
In October 2024 more than 33 listings in Richmond, CA were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 13 were sold below. The inventory of homes for sale in Richmond, CA between September 2024 and October 2024 increased by 6.2%. Listings spent 29 days on the market in October 2024, and had a median list price of $640,777 during the same period.
From Rocket Homes Real Estate and based on county public records data.