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).
MLS #
BE41128223
MLS Source
Bay East
Days on Site
6
Flooring
Vinyl
Cooling
Air Conditioning - None
Heating
Wall Furnace
Roof
Composition
Garage/Parking
Off-Street Parking, Garage: Car(s)
Water
Public
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 750 | 1 | 0/0 | $1,500 |
| 2 | 754 | 1 | 0/0 | $1,558 |
| 3 | 750 | 1 | 0/0 | $1,550 |
| 4 | 750 | 1 | 0/0 | $1,566 |
12479 San Pablo Ave is a Residential Income in Richmond, CA 94805. This 3,034 square foot property sits on a 5,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $995,000 and was built in 1944. This address can also be written as 12479 San Pablo Ave, Richmond, CA 94805.
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This listing information is up-to-date as of March 26, 2026. For the most current information, please contact John Kirkish, (510) 890-8028