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Listed by John Kirkish • Flat Rate Realty
$ 948,000
Est. payment /mo
Active
12479 San Pablo Ave Richmond, CA 94805
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 $312
Subdivision Central
MLS Listing ID 41128223
HOA Y/N No
Year Built 1944
Lot Size 5,000 Sqft
Property Sub-Type Quadruplex
Source BAY EAST
Property Description
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. (Please note that neighboring lot and 4-Plex at 12477 is also available for sale).
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Vinyl
Fireplace No
Appliance Gas Water Heater
Building
Lot Description Level
Others
Special Listing Condition Standard
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