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$1,300,000
41142340 MLS Active Status
Welcome to 400 Bissell Avenue, a beautifully remodeled four-unit property offering the perfect blend of immediate income and upside potential. Situated on an oversized corner lot with a spacious backyard, this turnkey investment features a desirable mix of one 4-bedroom/2-bath, two 3-bedroom/1.5-bath, and one 2-bedroom/1-bath unit — all fully remodeled with modern finishes, including sleek stainless steel appliances in the kitchens. Each unit offers the comfort and convenience tenants love: in-unit washer/dryer hookups, two tandem parking spaces per unit, and individual gas and electric meters for easy expense management. The exterior has been freshly painted with recent siding repairs, giving the whole property fantastic curb appeal.With two units currently vacant, an investor or owner-occupant has a rare chance to step in and set rents at full market value from day one. Whether you're growing your portfolio or looking for house-hacking potential, 400 Bissell Ave is a must-see.

400 Bissell Ave, Richmond

$988,000
ML82054566 MLS Active Status
Desirable Four Unit Income Residential Building in Richmond! Perfect for savvy investors, 1031 exchangers or first-time homebuyers looking to live in one unit and collect rent income from the other units. Each unit has two bedrooms and one bathroom. Units are in great condition: Laminated flooring throughout, granite kitchen countertops, double-panned windows. Each unit has its own carport parking. Property is conveniently located: Close to Schools, Supermarkets, Farmers Market, Restaurants, Shops, Public Transportation: AMTRAK and BART, a few miles from Point Pinole Regional Shoreline Richmond, minutes to Kaiser Medical Center, UC Berkeley, North Bay, Napa Valley, Downtown San Francisco, Oakland and San Francisco International Airports, easy access to freeway 80 and 580. This property can be YOURS.

240 DUBOCE Avenue, Richmond

$989,000
ML82045270 MLS Active Status
Marcus & Millichap is pleased to present 203 Bissell Ave, offered at $1,150,000, 203 Bissell Ave is a 4 unit multifamily property located in Richmonds Iron Triangle neighborhood. Built in 1908, the property totals approximately 3,932 SF on a 0.08acre lot and is currently 50% occupied, presenting a clear value add and leaseup opportunity. The unit mix consists of one 4BD/2BA unit, two 4BD/1BA units, and one co-living layout, with inplace rents estimated ~13% below market. Utilities are efficiently structured with separately metered gas and electric and master metered water. Street parking only. Financial highlights include an 8.90% current cap rate and a 10.64% pro forma cap rate, supported by strong rent growth potential and operational upside. The property is within close proximity to Richmond BART & Amtrak (±1.3 miles), major freeways (I80, I580, SR4), Kaiser Permanente Richmond Medical Center, and regional employment hubs. An ideal opportunity for investors seeking high yield, upside through rent increases, and a well-located small multifamily asset in the East Bay.

203 Bissell Avenue, Richmond

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