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$995,000

For Sale

3 months ago

1401 Bissell Ave, Richmond, CA

House

MLS® 41126531

0 Bed

0 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 97
Lot Size 
Approx. Age 1923
MLS® Number 41126531

Property Address: 1401 Bissell Ave, Richmond, CA, 94801-3669

Average square foot calculated using Size range provided by listing agent.

Description

Four-unit multifamily investment located in Richmond’s Civic Center district near major regional transit including Richmond BART and Amtrak. Verified 2025 operating performance shows $91, 437 in Gross Operating Income and $56, 865 in Net Operating Income, reflecting a 5.7% cap rate at the $995, 000 list price. The property consists of four ±1, 122 SF units (total building area ±4, 488 SF) situated on a ±6, 750 SF corner lot. Unit 1403 is vacant and features a three-bedroom/one-bathroom layout, creating an opportunity for owner-occupancy or for an investor to lease the unit at market rent. The remaining three units include a mix of two-bedroom/one-bath and a three-bedroom/one-bath layout. Per current leases, tenants are responsible for separately paying water, sewer, gas, electricity, internet, and cable/satellite. Standard trash and recycling utilities are not billed to the tenants. The property includes four garage parking spaces and is located near Richmond Civic Center, Kaiser Richmond Medical Center, and the Richmond BART/Amtrak station, providing regional access to Oakland, Berkeley, and San Francisco. The property offers existing income with upside potential through lease-up of the vacant unit and future rent growth.
MLS® Number41126531
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1923
Basement
DrivewayGarage
Garage Spaces
Heat
A/CWall Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 9, 2026List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
1401 Bissell Ave, Richmond, CA

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