Price Reduced ListingInvestment Opportunity: Well-Maintained 4-Plex at 12477 San Pablo Ave, Richmond, CA 94805. This solid quadruplex features four 1-bed/1-bath units, each ~750 sq ft (total ~3,000 sq ft), built in 1944 and consistently well-maintained and upgraded. Most units have been remodeled to improve desirability and to ensure reliable, low-maintenance tenancy. Priced to Sell, it offers strong returns: Gross Cap Rate: 7.44%, and Net Cap Rate: 4.82%. Located on a high-traffic corridor with excellent access to highways, transit, and amenities in a resilient Bay Area market. Ideal for cash-flow investors or 1031 exchanges. Turnkey and ready to perform. (Please note that neighboring lot and 4-Plex at 12479 is also available for sale).
| MLS # | 41128143 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1944 |
| Days On Site | 156 |
| Listing Provided By | Flat Rate Realty | John Kirkish |
| Units | 4 |
|---|---|
| Acreage | 0.11 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Gas Water Heater |
| Roof | Shingle |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Garden, Street Level |
| Parking Features | On Street |
|---|
| State | CA |
|---|---|
| County | Contra Costa |
| City | Richmond |
| Zip Code | 94805 |
| Community Name | CENTRAL |
| Listing VS Median (in CENTRAL) | |
Price: $869,000 low | high Med: $0 On site: 156 low | high Med: | |
| State | CA |
|---|---|
| County | Contra Costa |
| City | Richmond |
| Zip Code | 94805 |
| Community Name | CENTRAL |
| Listing VS Median (in CENTRAL) | |
Price: $869,000 low | high Med: $0 On site: 156 low | high Med: | |