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$995,000
41126531 MLS
Four-unit multifamily investment located in Richmond’s Civic Center district near major regional transit including Richmond BART and Amtrak. Verified 2025 operating performance shows $91,437 in Gross Operating Income and $56,865 in Net Operating Income, reflecting a 5.7% cap rate at the $995,000 list price. The property consists of four ±1,122 SF units (total building area ±4,488 SF) situated on a ±6,750 SF corner lot. Unit 1403 is vacant and features a three-bedroom/one-bathroom layout, creating an opportunity for owner-occupancy or for an investor to lease the unit at market rent. The remaining three units include a mix of two-bedroom/one-bath and a three-bedroom/one-bath layout. Per current leases, tenants are responsible for separately paying water, sewer, gas, electricity, internet, and cable/satellite. Standard trash and recycling utilities are not billed to the tenants. The property includes four garage parking spaces and is located near Richmond Civic Center, Kaiser Richmond Medical Center, and the Richmond BART/Amtrak station, providing regional access to Oakland, Berkeley, and San Francisco. The property offers existing income with upside potential through lease-up of the vacant unit and future rent growth.

1401 Bissell Ave, Richmond

Listing courtesy of Colin Davies from Security Pacific Real Estate. 510-435-3624

$849,000
41124991 MLS
This versatile 6,312 Sq ft commercial building on a 10,000 Sq ft lot features three separate units, each with its own entrance. Previously home to a dental office, CPA office, and a cell phone retailer, the entire property is now vacant and ready for a new owner's vision. A 40 foot walk-in metal storage container is included in the sale, along with a gated private parking lot offering 17 spaces. Centrally located in Richmond's downtown and civic center district-just a few blocks from City Hall and the Richmond Memorial Convention Center-the property offers excellent walkability and accessibility. Both I80 and I580 can be reached within minutes, and the El Cerrito Del Norte BART station is 2 miles away.

2809 Macdonald Ave, Richmond

Listing courtesy of Haili Liang from Coldwell Banker Realty. 510-928-7778

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