Investment Opportunity: Well-Maintained 4-Plex at 12477 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 12479 is also available for sale).
For sale
$898,000
12477 San Pablo Ave, Richmond, CA 94805
4beds
4baths
3,034sqft
:
Get pre-qualified$6,105/mo
Multi Family, Quadruplex
Built in 1944
-- sqft lot
$886,900 Zestimate®
$296/sqft
$-- HOA
What's special
Solid quadruplex
- 137 days |
- 129 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
John Kirkish DRE #02070987 510-890-8028,
Flat Rate Realty
Source: Bay East AOR,MLS#: 41128143
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- No Air Conditioning
Appliances
- Included: Gas Water Heater
Features
- Tub w/Shower Over
- Flooring: Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,034
- Total interior livable area: 3,034 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Exterior features: Garden/Play
Lot
- Size: 5,000 Square Feet
- Features: Level
Details
- Parcel number: 5180500059
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1944
Utilities & green energy
- Utilities for property: Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Security Gate
- Subdivision: Central
HOA
- Has HOA: No
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $357,964
- Annual tax amount: $9,890
- Price range: $898K - $898K
- Date on market: 3/21/2026
- Listing agreement: Excl Right
- Listing terms: Cash,1031 Exchange,Call Listing Agent
- Lease term: Written Agreement,12 Months
- Total actual rent: 6170
- Tenant pays: Electricity, Gas
Estimated market value
$886,900
$843,000 - $931,000
$3,166/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Price change | $898,000-5.3%$296/sqft |
Source:  Bay East AOR #41128143 Report a problem | ||
| 4/10/2026 | Price change | $948,000-5%$312/sqft |
Source: Bay East AOR #41128143 Report a problem | ||
| 3/22/2026 | Listed for sale | $998,000+250.2%$329/sqft |
Source: Bay East AOR #41128143 Report a problem | ||
| 2/15/2012 | Sold | $285,000-56.2%$94/sqft |
Source: Bay East AOR #40547218 Report a problem | ||
| 12/16/2005 | Sold | $650,000$214/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,890 +1.2% | $357,964 +2% |
| 2024 | $9,772 +3.7% | $350,946 +2% |
| 2023 | $9,425 +3.2% | $344,066 +2% |
| 2022 | $9,135 +2.5% | $337,320 +2% |
| 2021 | $8,910 +4.4% | $330,707 +1% |
| 2020 | $8,533 +2.6% | $327,317 +2% |
| 2019 | $8,314 +4.1% | $320,900 +2% |
| 2018 | $7,985 +3.2% | $314,609 +2% |
| 2017 | $7,738 +2.5% | $308,441 +2% |
| 2016 | $7,552 +1.8% | $302,394 +1.5% |
| 2015 | $7,416 +1.4% | $297,853 +2% |
| 2014 | $7,312 | $292,019 +0.5% |
| 2013 | -- | $290,700 +8.5% |
| 2012 | -- | $268,000 |
| 2011 | -- | $268,000 -10.7% |
| 2010 | -- | $300,000 -46.4% |
| 2009 | -- | $560,000 -17.2% |
| 2008 | -- | $676,260 +2% |
| 2007 | -- | $663,000 +2% |
| 2006 | -- | $650,000 +147.9% |
| 2005 | -- | $262,218 +2% |
| 2004 | -- | $257,078 +1.9% |
| 2003 | -- | $252,367 +2% |
| 2002 | -- | $247,419 +2% |
| 2001 | -- | $242,568 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North and East
Nearby schools
GreatSchools rating
- 3/10Wilson Elementary SchoolGrades: K-6Distance: 0.1 mi
- 1/10Lovonya Dejean Middle SchoolGrades: 7-8Distance: 0.7 mi
- 2/10Kennedy High SchoolGrades: 9-12Distance: 1.1 mi
- $898,0004 bd4 ba3k sqft12479 San Pablo Ave, Richmond, CA 94805For Sale
- $481,5002 bd1 ba828 sqft662 Wilson Ave, Richmond, CA 94805Off Market
- $632,4003 bd2 ba1.3k sqft666 Wilson Ave, Richmond, CA 94805Off Market
- $522,4002 bd1 ba1k sqft660 Wilson Ave, Richmond, CA 94805Off Market
- $515,0002 bd1 ba893 sqft668 Wilson Ave, Richmond, CA 94805Sold
- $577,0003 bd1 ba1.1k sqft670 Wilson Ave, Richmond, CA 94805Off Market
- $---- bd-- ba3.3k sqft12491 San Pablo Ave, RICHMOND, CA 94806Off Market
- $653,2003 bd2 ba1.1k sqft656 Wilson Ave, Richmond, CA 94805Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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