$898,000

12479 San Pablo Ave, Richmond, CA 94805

Multi-Family Home
Built in 1944
5,001sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

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: 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 12477 is also available for sale).

Listing Status:: Active
Date Added:: March 23, 2026
Data Last Updated:: May 20, 2026 at 7:16AM
Listing Office:: Flat Rate Realty : 408-627-0030
Listing Agent:: John Kirkish : 408-627-0030
MLS ID:: 41128223

Appliances: Gas Water Heater
Flooring: Vinyl
A/C: None
Heating: Wall Furnace

Parking: On StreetParking spaces: 4

Roofing: Shingle
General: Stucco

HOA Amenities: 0.0
Originating MLS: CRMLS_CCBE
County: Contra Costa

Zoning: 5180500042

Source: CRMLS_CCBE

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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