$995,000
Investment Opportunity: Well-Maintained 4-Plex at 12479 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 at $995,000, 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. Contact for rent roll, expenses, and showing. (Please note that neighboring lot and 4-Plex at 12477 is also available for sale).
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Listed by John Kirkish with Flat Rate Realty (408) 627-0030
Property Type
Quadruplex
Status
Active
MLS Number
41128223
Year Built
1944
Lot Size
5,001 sq ft