1 month on rocket

5801 Madison Ave, Richmond, CA, 94804

$1,099,950

Home List Price

$10,000*

Closing Credit

0 Baths
2,714 SqFt
$405/SqFt
Multi

Location

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5801 Madison Ave, Richmond$1,099,950

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1944
HeatingWall Furnace
CoolingNone
MLS #ML81986273
Lot Size0.13 Acres
StatusActive

About 5801 Madison Ave

Welcome to one of the best investment opportunities on the market! This quality four-plex features, you've guessed it, FOUR outstanding one-bed, one-bath units, each with its own gas and electric meters. Located down the street from El Cerrito City Hall, this property sits at a prime, yet quiet location, with easy access to shops, restaurants, freeways, and public transportation...an excellent attraction for great tenants. Whether you want to own your first investment property or you are a seasoned investor wanting to add another quality property to your portfolio, this is the right choice for you. Make this incredible four-plex yours today!

Property Details

Property Features

Property Information:

  • Year Built: 1944
  • Stories: 2
  • Living Area: 2,714 SqFt

Listing Office:

  • Office Name: Intero Real Estate Services
  • Office Phone: (408) 342-3000
  • Listing Agent: Alana Lam

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Carpet, Laminate, Tile

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: San Pablo Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,950
  • Price Per SqFt: $405/SqFt

Tax Information:

  • Annual Amount: $15,567
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, CA.

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Richmond, CA

City

Med. Sold Price

$643K

Med. Price/SqFt

$508

Avg. Days On Market

30

# of Sold Homes

60

5801 Madison Ave vs Richmond

37 DAYS ON ROCKET

+7 Days

$1,099,950

+$456.9K More

$405/SqFt

-$104 Less

KEY TAKEAWAY

This property is $456.9K more than the Median Sold Price and $104/SqFt less than other homes in Richmond, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81986273

Listing Office:

  • Office Name: Intero Real Estate Services
  • Office Phone: (408) 342-3000
  • Listing Agent: Alana Lam

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 16, 2021Home Sold
$1,050,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,567$788,383
2020$14,918$780,300
2019$14,053$765,000
2018$13,400$750,000
2017$4,167$714,000

History based on county public records data.

Payment Calculator

$5,557

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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.

Nearby Schools

school-card-donut-4268858
2
/10

  • Stege Elementary School

  • 4949 Cypress Ave

  • 0.48 miles

  • Public District Grades KG-6

school-card-donut-4268859
4
/10

  • Wilson Elementary School

  • 7150 Portola Dr

  • 0.70 miles

  • Public District Grades KG-6

school-card-donut-4268860
4
/10

  • Fairmont Elementary School

  • 724 Kearney St

  • 0.89 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,979. Residents of Richmond, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Contra Costa County›Richmond›94804›5801 Madison Ave

This home is located at 5801 Madison Ave in Richmond, CA and zip code 94804 in the Bay View Park neighborhood. This 2,714 square foot home, which was built in 1944, sits on a 0.13 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $1,099,950.

In November 2024 more than 23 listings in Richmond, CA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 22 were sold below. Between October 2024 and November 2024, Richmond, CA real estate market has seen decrease in the number of listings by 8.5%. While the average time on the market in November 2024 was 30 days, the median list price was $643,000.

From Rocket Homes Real Estate and based on county public records data.

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