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Listed by John Kirkish, DRE #02070987 • Flat Rate Realty
$898,000
Est. payment /mo
4 Beds
4 Baths
3,034 SqFt
Price Dropped by $50K
12477 San Pablo Ave Richmond, CA 94805
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,034 sqft
Price per Sqft $295
MLS Listing ID BE41128143
Bedrooms 4
Year Built 1944
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
Source Bay East
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: 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 12479 is also available for sale).
Location
State CA
County Contra Costa
Area Richmond - North & East
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Vinyl
Exterior
Exterior Feature Stucco
Parking Features Off-Street Parking
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Grade - Level
Water Heater - Gas
Others
Tax ID 518-050-005-9
Special Listing Condition Not Applicable
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