12479 San Pablo Ave, Richmond, CA — listing photo 1
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FOR SALE

12479 San Pablo Ave

Richmond, CA 94805
5,000 Lot Sq Ft
Built 1944
$829,000
Price ReducedWas $995,000 — $829,000 (-$166,000)

Property Overview

ONE OF TWO WELL-MAINTAINED 4-PLEXES at 12479 and 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. (Adjoining Lot and 4-Plex at 12477 is also available for sale).

Home Details

Property type
Residential Income - Quadruplex
Year built
1944
Lot size
5,000 sq ft
Parking
4 spaces
Days on market
179
MLS status
Active

Features & Amenities

Appliances

  • Gas Water Heater

Parking

  • On Street

Lot

  • Garden
  • Street Level

Community, Schools & Utilities

Community

Subdivision
CENTRAL

Utilities

Heating
WallFurnace
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Location & Neighborhood

12479 San Pablo Ave

Richmond, CA 94805

Frequently Asked Questions About 12479 San Pablo Ave

Property type: Residential Income

The current asking price is $829,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 12479 San Pablo Ave. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1944. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Richmond, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Richmond property.
The MLS currently reports the property as Active. It has been listed for 179 days. Status can change, so verify availability before relying on it.

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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: John Kirkish
MLS ID: CCBE-206539125

Available property

$829,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.