$995,000

12479 San Pablo Ave, Richmond, CA 94805

Multi-Family Home
Built in 1944
5,001sqft lot
—— car garage
$——/sqft
Listed 9 days 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 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 12477 is also available for sale).

Listing Status:: Active
Date Added:: March 23, 2026
Data Last Updated:: April 1, 2026 at 11:18PM
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 $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

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

1.04 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.