12479 San Pablo Ave, Richmond, California 94805
$829,000
- Property Type
- Residential Income
- City
- Richmond
- Status
- Active
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).
About
Listed by John Kirkish with Flat Rate Realty
Quick Facts
MLS Property Type
Residential Income
Property Subtype
Quadruplex
Status
Active
MLS Number
41128223
Year Built
1944
Units
4
Lot Size
5,000 sq ft
Location
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Details
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