Property Details
About this Property
To access marketing package copy/paste: https://bit.ly/kitehillre. 701 Alamo Avenue presents an exceptional opportunity to acquire a well-maintained four-unit investment property offering strong and stable cash flow. The building generates $10,000 per month in rent, translating to an annual gross income of $120,000, providing immediate and consistent returns for investors seeking reliable performance in a growing submarket. The property features a desirable and balanced unit mix with (2) two-bedroom, one-bath units and (2) three-bedroom, one-bath units, appealing to a wide range of tenants. With 2,928 square feet of total living area situated on a 5,000-square-foot lot, each unit averages over 700 square feet of comfortable, well-proportioned living space — a rare combination of size and efficiency that supports strong tenant retention. Situated on a prime corner lot, the property benefits from excellent street presence, abundant natural light, and convenient access. It is also ideally located directly across from Shields-Reid Park, which is nearing completion of an $8 million renovation. The revitalized park will feature new recreation facilities and community spaces, further enhancing neighborhood appeal and long-term value for residents and investors alike.
MLS Listing Information
MLS #
EB41116669
MLS Source
Bridge MLS
Days on Site
31
Interior Features
Flooring
Wood
Cooling
Other
Heating
Gas
Exterior Features
Roof
Other
Parking, School, and Other Information
Garage/Parking
Tandem Parking, Garage: Car(s)
Sewer
Public Sewer
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 728 | 2 | 0/0 | $2,400 |
| 2 | 728 | 3 | 0/0 | $2,400 |
| 3 | 736 | 2 | 0/0 | $2,600 |
| 4 | 736 | 3 | 0/0 | $2,600 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
701 Alamo Ave is a Residential Income in Richmond, CA 94801. This 2,928 square foot property sits on a 5,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $950,000 and was built in 1948. This address can also be written as 701 Alamo Ave, Richmond, CA 94801.
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This listing information is up-to-date as of December 02, 2025. For the most current information, please contact Jatin Mehta, (510) 878-6800
