Pinza Group Announces Sale of Six Units in Pt. Richmond for $1.25MM

Pinza Group, East Bay Multifamily Sales Brokerage, Point Richmond, Scenic Drive, East Bay, Berkeley, Bay Area, San Francisco, Wildcat Canyon Regional Park

Richmond, CA – The Pinza Group, the leading East Bay Multifamily Sales Brokerage, facilitated the sale of a six unit apartment building in Point Richmond located at 15 Scenic Drive. Steven Pinza, Esq. (the East Bay’s leading multifamily sales broker according to CoStar) represented the Buyer and Seller which Pinza closed off market for $1,250,000.

15 Scenic Drive is an aesthetically pleasing six unit building comprised of four 2bd/1bth units and two 1bd/1bth units. Although rents were approximately 50% below market, Pinza was able to secure seller financing for the Buyer, which allowed for a quick and seemless close.

Richmond is a fairly large East Bay community on the north side of Berkeley, about thirty minutes from San Francisco. Compared to other Bay Area cities, rent tends to be relatively affordable, making it an appealing location for commuters.

Wildcat Canyon Regional Park and several large coastal parks give outdoorsy resident numerous options for enjoying the mild climate and natural beauty of the area without going far from home. Easy access to the water also makes boating and fishing popular activities for residents

About The Pinza Group, Inc.
The Pinza Group, Inc was recently named as the 2014 & 2015 & 2016 Top Real Estate Sales Brokerage by CoStar, and is the only privately held investment real estate brokerage to receive the prestigious award in 2014 & 2015 & 2016. The Pinza Group is a full service investment real estate sales firm located in Walnut Creek, California. Founded in 2013, The Pinza Group is a leader in investment real estate sales with over 125 apartment sales in the last 24 months. The Pinza Group is an investment real estate brokerage built on a strong foundation of integrity, dedication, and experience which allows us to provide significant value to existing and future clients. Since The Pinza Group focuses exclusively on investment real estate, all of our efforts and resources are spent researching, brokering, and underwriting commercial properties in the East Bay. The Pinza Group has devoted significant resources to build an effective list of owners, investors, and brokers in the area which has allowed us to create an innovative marketing platform allowing us to deliver incredible value to both owners and investors. For more information on off market investments, an estimate of value, or for free real estate advice please visit: www.pinzagroup.com or Info@pinzagroup.com.

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