12477 San Pablo Ave, Richmond, CA 94805
- $829,000
- List Price
- $829,000
- Price Change
- ▼ $40,000 1789175190
- Status
- ACTIVE
- MLS#
- 41128143
- Year Built
- 1944
- Lot Size
- 5,000
- Acres
- 0.11
- Lot Location
- Garden, Street Level
- Days on Market
- 175
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Neighborhood
- 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: 9%, and NET CAP RATE: 6.4%!!! HIGH-DEMAND AREA -- 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).
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Additional Information
- Appliances
- Gas Water Heater
- Heat
- Wall Furnace
- Exterior Construction
- Stucco
- Roof
- Shingle
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: John Kirkish (johnkirkish@gmail.com) from Listing Office: Flat Rate Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.