$998,000

12477 San Pablo Ave, Richmond, CA 94805

4 beds
3,034 sqft

Multi-Family Home
Built in 1944
5,227sqft lot
—— car garage
$329/sqft
Listed 11 days ago

Property Description

Investment Opportunity: Well-Maintained 4-Plex 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 at $995,000, it offers strong returns: Gross Cap Rate: 7.44%, and Net Cap Rate: 4.82%. 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).

Listing Status:: Active
Date Added:: March 21, 2026
Data Last Updated:: April 1, 2026 at 7:08PM
Listing Office:: Flat Rate Realty : 408-627-0030
Listing Agent:: John Kirkish : 510-890-8028
MLS ID:: 41128143

General: Tub w/Shower Over
Appliances: Gas Water Heater
Basement: None
Flooring: Vinyl
A/C: No Air Conditioning
Heating: Wall Furnace

General: Garden/Play
Parking: Off StreetParking spaces: 4

General: Stucco

County: Contra Costa

Zoning: 5180500059

Utilities: Internet AvailableNatural Gas ConnectedIndividual Electric MeterIndividual Gas Meter

This listing courtesy of John Kirkish , Flat Rate Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

West County Mandarin

6028 Ralston Ave, Richmond, CA, 94805

Grades KG-6

0.67 miles away

DeJean Middle School

3400 MacDonald Ave, Richmond, CA, 94805

Grades 7-8

0.69 miles away

Kennedy High School

4300 Cutting Blvd, Richmond, CA, 94804

Grades 9-12

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.