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$898,000
Est. payment /mo
4 Beds
3,034 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,034 sqft
Price per Sqft $295
Subdivision Central
MLS Listing ID 41128143
Bedrooms 4
HOA Y/N No
Year Built 1944
Lot Size 5,000 Sqft
Acres 0.12
Property Sub-Type Quadruplex
Property Description
Investment 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).
Location
State CA
County Contra Costa
Rooms
Basement None
Interior
Interior Features Tub w/Shower Over
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Garden/Play
Utilities Available All Utilities, Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
Total Parking Spaces 4
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5180500059
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Listed by John Kirkish • Flat Rate Realty