12477 San Pablo Avenue

Richmond CA 94805

3034 sq. ft.

5000 sq. ft.

Duplex

Currently for sale - view listing

Overview

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).

Features

3034 sq. ft. floor area

5000 sq. ft. lot size

Duplex

Property history for 12477 San Pablo Avenue

2012

Sold

$285,000

15 Feb 2012 by Natalie Padilla, of Bay Cities Rlty & Home Loan

Happy sellers in Richmond

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