1401 Bissell Ave, Richmond, CA — listing photo 1
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FOR SALENew Listing

1401 Bissell Ave

Richmond, CA 94801
6,750 Lot Sq Ft
Built 1923
$949,000

Property Overview

Four-unit multifamily investment located in Richmond’s Civic Center district near major regional transit including Richmond BART and Amtrak. Verified 2025 financial performance reflects $91,437 Gross Operating Income and $56,865 Net Operating Income, producing an approximately 6.0% cap rate at the $949,000 list price.. The property consists of four ±1,122 SF units (total building area ±4,488 SF) situated on a ±6,750 SF corner lot. Unit 1403 is vacant and features a three-bedroom/one-bathroom layout, creating an opportunity for owner-occupancy or for an investor to lease the unit at market rent. The remaining three units include a mix of two-bedroom/one-bath and a three-bedroom/one-bath layout. Per current leases, tenants are responsible for separately paying water, sewer, gas, electricity, internet, and cable/satellite. Standard trash and recycling utilities are not billed to the tenants. The property includes four garage parking spaces and is located near Richmond Civic Center, Kaiser Richmond Medical Center, and the Richmond BART/Amtrak station, providing regional access to Oakland, Berkeley, and San Francisco. The property offers existing income with upside potential through lease-up of the vacant unit and future rent growth.

Home Details

Property type
Residential Income - Quadruplex
Year built
1923
Lot size
6,750 sq ft
Parking
4 spaces
Days on market
7
MLS status
Active
Zoning
CM-3

Features & Amenities

Parking

  • Garage

Lot

  • Back Yard
  • Corner Lot

Community, Schools & Utilities

Community

Subdivision
CIVIC CENTER

Utilities

Cooling
WallWindowUnits
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Location & Neighborhood

1401 Bissell Ave

Richmond, CA 94801

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Frequently Asked Questions About 1401 Bissell Ave

Property type: Residential Income

The current asking price is $949,000. 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 1401 Bissell Ave. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1923. 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 7 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: Colin Davies
MLS ID: CCBE-213503297

Available property

$949,000

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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.