Introducing 5307 Columbia Avenue, an exceptional four-unit investment opportunity in Richmond, California. Built in 1954, this well-maintained 3,336-square-foot multifamily property offers a desirable unit mix consisting of two one-bedroom, one-bath units, one two-bedroom, one-bath unit, and one spacious three-bedroom, two-bath unit. Designed with both tenant comfort and investor efficiency in mind, each unit features its own washer and dryer, updated cabinetry and countertops, and a private patio. The property also offers on-site parking, mature landscaping, and individual metering for water, gas, and electricity, helping to reduce operating expenses and simplify utility management. Zoned RM-1, this property presents an outstanding opportunity for investors seeking stable cash flow with long-term upside potential. Its attractive unit mix, well-maintained condition, and convenient Richmond location make it a strong addition to any multifamily portfolio.
For sale
$1,050,000
5307 Columbia Ave, Richmond, CA 94804
7beds
4baths
3,336sqft
:
Get pre-qualified$7,139/mo
Multi Family, Quadruplex
Built in 1954
-- sqft lot
$-- Zestimate®
$315/sqft
$-- HOA
What's special
- 9 days |
- 213 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Stephen Pagones DRE #01760998 510-255-2248,
Oak Tree Property Group,
Michael Pagones DRE #01749383 510-301-3557,
Oak Tree Property Group
Source: Bay East AOR,MLS#: 41142263
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Natural Gas, Wall Furnace
Cooling
- No Air Conditioning
Appliances
- Laundry: In Garage
Features
- Flooring: Linoleum, Carpet
- Basement: None
Interior area
- Total structure area: 3,336
- Total interior livable area: 3,336 sqft
Property
Parking
- Parking features: Attached, Carport, Garage
- Has attached garage: Yes
- Has carport: Yes
Features
- Patio & porch: Terrace
- Exterior features: Storage
Lot
- Size: 6,900 Square Feet
- Features: Rectangular Lot, Back Yard, Front Yard, Side Yard
Details
- Parcel number: 5100950137
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Composition Shingles
- Roof: Composition
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Other
- Subdivision: Richmond
HOA
- Has HOA: No
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $523,679
- Annual tax amount: $9,881
- Price range: $1.1M - $1.1M
- Date on market: 7/20/2026
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,1031 Exchange
- Lease term: Written Agreement
- Total actual rent: 9063
- Tenant pays: Cable TV, Gas, Water, Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $1,050,000+145.8%$315/sqft |
Source:  Bay East AOR #41142263 Report a problem | ||
| 7/16/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/5/2021 | Listed for rent | $1,995$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/5/2013 | Sold | $427,253-7.1%$128/sqft |
Source: Public Record Report a problem | ||
| 2/7/2002 | Sold | $460,000$138/sqft |
Source: CCAR #11121902 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,881 +2.3% | $523,679 +2% |
| 2024 | $9,662 +1.6% | $513,412 +2% |
| 2023 | $9,505 +1.5% | $503,346 +2% |
| 2022 | $9,361 +0.6% | $493,477 +2% |
| 2021 | $9,302 +3.8% | $483,802 +1% |
| 2020 | $8,963 +1.9% | $478,842 +2% |
| 2019 | $8,796 +3.2% | $469,453 +2% |
| 2018 | $8,526 +1.4% | $460,249 +2% |
| 2017 | $8,409 +0.5% | $451,225 +2% |
| 2016 | $8,370 -0.2% | $442,378 +1.5% |
| 2015 | $8,383 -1.7% | $435,734 +2% |
| 2014 | $8,527 | $427,200 +33.5% |
| 2013 | -- | $320,000 -20% |
| 2012 | -- | $400,000 -23.1% |
| 2011 | -- | $520,000 +52.9% |
| 2010 | -- | $340,000 -35.6% |
| 2009 | -- | $527,702 +2% |
| 2008 | -- | $517,356 +2% |
| 2007 | -- | $507,213 +2% |
| 2006 | -- | $497,268 +2% |
| 2005 | -- | $487,518 +2% |
| 2004 | -- | $477,959 +1.9% |
| 2003 | -- | $469,200 +557.8% |
| 2002 | -- | $71,328 +2% |
| 2001 | -- | $69,931 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southwest Annex
Nearby schools
GreatSchools rating
- 6/10Fairmont Elementary SchoolGrades: K-6Distance: 0.5 mi
- 5/10Fred T. Korematsu Middle SchoolGrades: 7-8Distance: 1.3 mi
- 7/10El Cerrito Senior High SchoolGrades: 9-12Distance: 1.1 mi
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