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Richmond, CA

$898,000

12477 San Pablo Ave, Richmond, CA
0
Baths
1944
Built
45
Days listed

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

Interior
Bathrooms
0
Appliances
Gas Water Heater
Flooring
Vinyl
Heating
Wall Furnace
Exterior & lot
Lot size
0.115 acres (5,000 sq ft)
Year built
1944
Parking
On Street
Parking spaces
4
Community
County
Contra Costa
Listing details
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
Listed by
John Kirkish · Flat Rate Realty

Location

Price history

Listed
$998,000 · 2026-03-21
Price reduced
$898,000 (−$100,000)
Days on market
45
Current price
$898,000
Financing

Could this home be yours?

Estimated monthly payment
$5,633
$4,541 principal & interest · $1,093 taxes & insurance
$179,600
Estimate only
Loan $718,400

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Listing data provided by CRMLS

Listing courtesy of Flat Rate Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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