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Listed by Min Zhao • KW Advisors East Bay
$1,030,000
Est. payment /mo
8 Beds
4 Baths
4,124 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,124 sqft
Price per Sqft $249
MLS Listing ID EB41121020
Bedrooms 8
Year Built 1925
Lot Size 4,000 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
Excellent Multi-Unit Investment Opportunity in Richmond! Well-located fourplex featuring four 2-bedroom, 1-bath units, each approximately 900-1,000 sq ft, with individual garages that is a highly desirable feature for long-term tenants. The property is fully tenant occupied with stable, market-rate income, offering immediate cash flow in a strong rental market. Three of the four units have been upgraded, including updated kitchens with newer cabinetry, solid-surface countertops, gas ranges, and modern finishes. Interior features include a mix of laminate, tile, and wood-style flooring, tile bathrooms with shower/tub combinations, and functional layouts with generous living and dining spaces. Select yard areas add additional tenant appeal. Located near local shops, dining, public transportation, and major commuter routes, this property benefits from consistent rental demand and long-term hold potential. Garages are currently used by tenants for storage and offer flexibility for future use. A compelling opportunity for investors seeking a well-maintained fourplex with strong fundamentals, reliable income, and upside stability in Richmond. Please do not disturb occupants.
Location
State CA
County Contra Costa
Area Richmond - North & East
Interior
Heating Wall Furnace
Cooling Other
Flooring Laminate, Carpet - Wall to Wall, Hardwood
Laundry Washer, Dryer
Exterior
Exterior Feature Concrete, Stucco
Parking Features Detached Garage, Gate / Door Opener
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Other
Water Other, Heater - Gas
Others
Tax ID 515-060-015-2
Special Listing Condition New, Not Applicable
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