12479 San Pablo Ave, Richmond, CA 94805

Richmond
Local realty services provided by:ERA North Orange County Real Estate
12479 San Pablo Ave,Richmond, CA 94805
$829,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: john kirkish
Office: flat rate realty408-627-0030
MLS#:41128223
Source:CRMLS

Price summary

  • Price:$829,000

About this home

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).

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Home facts

  • Year built:1944
  • Subdivision & Development:CENTRAL
  • Listing ID #:41128223
  • Added:190 day(s) ago
  • Updated:September 30, 2026 at 11:46 AM

Rooms and interior

  • Flooring:Vinyl

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Shingle
  • Year built:1944
  • Lot area:0.11 Acres
  • Lot Features:Garden, Street Level
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$829,000

Features and amenities

  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:4
  • Parking description:On Street
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