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ResidentialIncome — 12479 San Pablo Ave, Richmond, CA

$898,000

12479 San Pablo Ave, Richmond, CA

$898,000 — 12479 San Pablo Ave, Richmond, CA — photo 1 $898,000 — 12479 San Pablo Ave, Richmond, CA — photo 2 $898,000 — 12479 San Pablo Ave, Richmond, CA — photo 3 $898,000 — 12479 San Pablo Ave, Richmond, CA — photo 4 $898,000 — 12479 San Pablo Ave, Richmond, CA — photo 5
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About this property

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).

Property details

Year built
1944
Property type
ResidentialIncome

Location

12479 San Pablo Ave • Richmond, CA 94805

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Listed by

John Kirkish · Flat Rate Realty

Listing courtesy of Flat Rate Realty. Information deemed reliable but not guaranteed.

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