12479 San Pablo Ave, Richmond, CA 94805
- $898,000
- 4
- BD
- 3,034
- SqFt
Listed by John Kirkish, (510) 890-8028 from Flat Rate Realty
(If provided) CoList: from
- List Price
- $898,000
- Price Change
- ▼ $50,000 1777419964
- MLS#
- BE41128223
- Status
- ACTIVE
- Sqft. of Residence
- 3,034
- Lot Size
- 5,000
- Listing Area
- Richmond - North & 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 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).
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Additional Information
- Acres
- 0.12
- Cooling System
- Air Conditioning - None
- Exterior Features
- Stucco
- Floor Covering
- Vinyl
- Garage Parking
- Off-Street Parking
- Heating System
- Wall Furnace
- Living Area
- 3,034
- Lot Description
- Grade - Level
- Lot Size
- 5,000
- Neighborhood
- Richmond - North & East
- Numberof Units
- 4
- Roof
- Composition
- Unincorporated Yn
- Yes
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