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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. Contact for rent roll, expenses, and showing. (Please note that neighboring lot and 4-Plex at 12479 is also available for sale).
Property Type(s):
Residential Income
| Last Updated | 3/21/2026 | Tract | CENTRAL |
|---|---|---|---|
| Year Built | 1944 | County | Contra Costa |
Additional Details
| APPLIANCES | Gas Water Heater |
|---|---|
| CONSTRUCTION | Stucco |
| EXTERIOR | Garden |
| HEAT | Wall Furnace |
| LOT | 5001 sq ft |
| LOT DESCRIPTION | Garden |
| LOT DIMENSIONS | 5000 |
| PARKING | On Street |
| SUBDIVISION | CENTRAL |
Location
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Listed with Flat Rate Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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