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$ 898,000
Est. payment /mo
Price Dropped by $50K
12479 San Pablo Ave Richmond, CA 94805
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Central
MLS Listing ID 41128223
HOA Y/N No
Year Built 1944
Lot Size 5,000 Sqft
Property Sub-Type Quadruplex
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 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 12477 is also available for sale).
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Flooring Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features On Street
Roof Type Shingle
Total Parking Spaces 4
Building
Lot Description Garden, Street Level
Others
Tax ID 5180500042
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Virtual Tour https://www.youtube.com/watch?v=SnWJ75I9_es
Listed by John Kirkish Flat Rate Realty #02070987
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