Home | Contra Costa County | Richmond | 94801 | 203 Bissell Ave
203 Bissell Ave, Richmond, CA 94801
MLS: ML82045270 | Status: Active | Price: $1,150,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
3,932 |
9,800 |
1908 |
Marcus & Millichap is pleased to present 203 Bissell Ave, offered at $1,150,000, 203 Bissell Ave is a 4 unit multifamily property located in Richmonds Iron Triangle neighborhood. Built in 1908, the property totals approximately 3,932 SF on a 0.08acre lot and is currently 50% occupied, presenting a clear value add and leaseup opportunity. The unit mix consists of one 4BD/2BA unit, two 4BD/1BA units, and one co-living layout, with inplace rents estimated ~13% below market. Utilities are efficiently structured with separately metered gas and electric and master metered water. Street parking only. Financial highlights include an 8.90% current cap rate and a 10.64% pro forma cap rate, supported by strong rent growth potential and operational upside. The property is within close proximity to Richmond BART & Amtrak (±1.3 miles), major freeways (I80, I580, SR4), Kaiser Permanente Richmond Medical Center, and regional employment hubs. An ideal opportunity for investors seeking high yield, upside through rent increases, and a well-located small multifamily asset in the East Bay.
| Field |
Value |
| MLS # |
ML82045270 |
| MLS Source |
MLSListings, Inc. |
| Days on Site |
2 |
Features
Interior Features
| Feature |
Details |
| Laundry |
Coin Operated |
| Cooling |
None |
| Heating |
Gas |
Exterior Features
| Feature |
Details |
| Roof |
Rolled/Hot Mop |
| Foundation |
Concrete Perimeter |
| Feature |
Details |
| Garage/Parking |
On Street, Garage: 0 Car(s) |
| Elementary District |
West Contra Costa Unified |
| High School District |
West Contra Costa Unified |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
RM |
Eymon Binesh
Marcus & Millichap
License #: 02060059
Phone: (650) 546-1030
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
2 |
4 |
Unit Details
| Unit # |
Sq Ft |
Beds |
Baths |
Rent |
| 1 |
– |
4 |
2/0 |
– |
| 2 |
– |
4 |
1/0 |
– |
| 3 |
– |
4 |
2/0 |
– |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
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This listing information is up-to-date as of April 30, 2026. For the most current information, please contact Eymon Binesh, (650) 546-1030.