12477 San Pablo Ave, Richmond, CA 94805
- $898,000
- 3,034
- SqFt
- List Price
- $898,000
- Status
- ACTIVE
- MLS#
- 41128143
- Price Change
- ▼ $50,000 1777419425
- Year Built
- 1944
- Property Type
- Quadruplex
- Living Area
- 3,034
- Lot Size
- 5,000
- Acres
- 0.11
- County
- Contra Costa
- Subdivision
- Central
Property Description
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).
Additional Information
- Appliances
- Gas Water Heater
- Exterior
- Stucco
- Flooring
- Vinyl
- Lot Description
- Level
- Parking Features
- Off Street
- Roof
- Composition Shingles
Mortgage Calculator
Listing courtesy of John Kirkish from Flat Rate Realty. 510-890-8028
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