About 12479 San Pablo Ave
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 to Sell, 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).
Features of 12479 San Pablo Ave
| MLS® # | 41128223 |
|---|---|
| Price | $869,000 |
| Bedrooms | 4 |
| Square Footage | 3,034 |
| Acres | 0.12 |
| Year Built | 1944 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 12479 San Pablo Ave |
|---|---|
| Subdivision | CENTRAL |
| City | Richmond |
| County | Contra Costa |
| State | CA |
| Zip Code | 94805 |
Amenities
| Utilities | All Utilities, Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Tub w/Shower Over |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Wall Furnace |
| Cooling | No Air Conditioning |
| Fireplace | No |
Exterior
| Exterior Features | Garden/Play |
|---|---|
| Lot Description | Level |
| Construction | Stucco |
Additional Information
| Date Listed | March 23rd, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | John Kirkish |
|---|---|
| Office | Flat Rate Realty |