$898,000
About this home
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).
Facts & features
- Bathrooms
- 0
- Appliances
- Gas Water Heater
- Flooring
- Vinyl
- Heating
- Wall Furnace
- Lot size
- 0.115 acres (5,000 sq ft)
- Year built
- 1944
- Parking
- On Street
- Parking spaces
- 4
- County
- Contra Costa
- Status
- Active
- Property type
- Quadruplex
- Days on market
- 45
- Listed
- 2026-03-21
- Original price
- $998,000
- Terms
- Cash, Exchange 1031
- Parcel #
- 5180500059
- MLS #
- 41128143