12477 San Pablo Ave, Richmond, CA 94805
12477 San Pablo Ave, Richmond, CA 94805
12477 San Pablo Ave, Richmond, CA 94805
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Listed by John Kirkish, DRE #02070987 • Flat Rate Realty
$829,000
Est. payment /mo
4 Beds
4 Baths
3,034 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,034 sqft

Price per Sqft $273

MLS Listing ID BE41128143

Bedrooms 4

Year Built 1944

Lot Size 5,000 Sqft

Property Sub-Type Fourplex

Source Bay East

Property Description

WELL-MAINTAINED 4-PLEX FOR SALE 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: 9%, and NET CAP RATE: 6.4%!!! HIGH-DEMAND AREA -- 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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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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12477 San Pablo Ave