12477 San Pablo AveRichmond, CA 94805
CENTRAL · Contra Costa County
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).
Property Information
- Property type
- Residential Income
- Sub-type
- Quadruplex
- Year built
- 1944
- Living area
- 3,034 Sq Ft
- Lot size
- 0.12 acres
- Parking spaces
- 4
- Days on market
- 200
- MLS® Listing#
- 41128143
Property Features
- Appliances
- Gas Water Heater
- Heating
- Wall Furnace
- Flooring
- Vinyl
- Basement
- None
- Parking
- Off Street
- Lot features
- Level
- Construction
- Stucco
- Security
- Carbon Monoxide Detector(s) · Security Gate
- Utilities
- Natural Gas Available · Natural Gas Connected
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- None
- Parcel number
- 5180500059
Directions
Hwy 80, San Pablo Exit, Turn Left on San Pablo Ave
Listing Courtesy: Flat Rate Realty - 4086270030
Presented by: John Kirkish
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