12479 San Pablo Ave
Property Overview
Investment Opportunity: Well-Maintained 4-Plex at 12479 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 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
- 174
- 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
Location & Neighborhood
Frequently Asked Questions About 12479 San Pablo Ave
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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