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Richmond, CA

$999,995

701 40Th St, Richmond, CA
0
Baths
1948
Built
58
Days listed

About this home

Exceptional Multifamily Investment Opportunity – Fully Occupied 4-Plex Near I-80 & BART Discover a rare opportunity to own a fully occupied fourplex in a highly desirable commuter-friendly location with strong rental demand and excellent long-term investment potential. New roof, new exterior paint and new windows. This income-producing multifamily property features four spacious 1-bedroom, 1-bathroom units, making it an ideal addition to any real estate investment portfolio. Conveniently located near Interstate 80, BART, public transportation, schools, shopping centers, restaurants, and downtown amenities, this property attracts quality tenants seeking convenience, accessibility, and comfortable living. Each unit offers functional layouts with updated kitchens, refrigerators, laundry hookups, and ample living space designed for everyday comfort. Tenants also enjoy the convenience of private garage parking plus additional onsite parking, a highly sought-after feature that increases rental appeal and tenant retention. The property has been well maintained, and all units are currently occupied by reliable tenants with a strong history of on-time rent payments, providing immediate and stable cash flow for investors from day one.

Facts & features

Interior
Bathrooms
0
Appliances
Gas Water Heater
Flooring
Carpet, Laminate, Tile
Heating
Wall Furnace
Exterior & lot
Lot size
0.115 acres (5,000 sq ft)
Year built
1948
Parking
Garage, On Street
Parking spaces
4
Community
County
Contra Costa
Listing details
Status
Active
Property type
Quadruplex
Days on market
58
Listed
2026-05-18
Terms
Cash, Conventional
Parcel #
5180200122
MLS #
41135209
Listed by
Doris De Leon · Mardel Realty & Loans Inc.

Location

Price history

Listed
$999,995 · 2026-05-18
Days on market
58
Current price
$999,995
Financing

Could this home be yours?

Estimated monthly payment
$6,273
$5,057 principal & interest · $1,217 taxes & insurance
$199,999
Estimate only
Loan $799,996

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Listing data provided by CRMLS

Listing courtesy of Mardel Realty & Loans Inc.. © 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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