For Sale

Listed by John Kirkish from Flat Rate Realty

Source: Bay East, Contra Costa, EBRD #41128143

12477 San Pablo Avenue, Richmond, CA, 94805

$898,000

3034 sq. ft.
5000 sq. ft.

Duplex

30+ days on the market

What's around 12477 San Pablo Avenue

About this property

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).

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