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Basak Cakici

basakcakici@gmail.com +1(510) 684-3939

$ 949,000

Est. payment | -/mo

10 Beds

4,488 SqFt

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$ 949,000

Est. payment | -/mo

Save

10 Beds

4,488 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,488 sqft

Price per Sqft $211

Subdivision Civic Center

MLS Listing ID 41151035

Bedrooms 10

HOA Y/N No

Year Built 1923

Lot Size 6,750 Sqft

Acres 0.16

Property Sub-Type Quadruplex

Property Description

Four-unit multifamily investment located in Richmond's Civic Center district near major regional transit including Richmond BART and Amtrak. Verified 2025 financial performance reflects $91,437 Gross Operating Income and $56,865 Net Operating Income, producing an approximately 6.0% cap rate at the $949,000 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.

Location

State CA

County Contra Costa

Zoning CM-3

Rooms

Basement None

Interior

Interior Features Formal Entry

Heating MultiUnits

Cooling Wall/Window Unit(s)

Flooring Hardwood Flrs Throughout

Fireplace No

Window Features Window Coverings

Exterior

Exterior Feature Back Yard, Entry Gate

Utilities Available Individual Electric Meter, Individual Gas Meter, Master Electric Meter

Total Parking Spaces 4

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Water District

New Construction No

Schools

School District West Contra Costa (510) -231-1100

Others

Tax ID 5401400196

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Colin Davies • Security Pacific Real Estate

Nearby Locations

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Basak Cakici

Realtor & Architect License ID: DRE# 02035715

+1(510) 684-3939

1401 Bissell Ave Richmond, CA 94801

Basak Cakici

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1401 Bissell Ave