12477 San Pablo Ave, Richmond, CA 94805
List Price: $898K
Listing Status: Active
Original List Price: $998K
0Days on Market: 45
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1944
Lot Size: 5,000 sq ft
MLS Number: 41128143
About This Property
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).
Listing provided by: John Kirkish DRE #02070987 408-627-0030 johnkirkish@gmail.com, Flat Rate Realty
Source: CRMLS, MLS #: 41128143
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.