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Lesmore M. Barker

lesmore@lesmorebarker.com +1(415) 549-1299

$ 995,000

Est. payment -/mo

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Active

1401 Bissell Ave Richmond, CA 94801

10 Beds

4,488 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,488 sqft

Price per Sqft $221

Subdivision Civic Center

MLS Listing ID 41126531

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 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.

Location

State CA

County Contra Costa

Rooms

Basement None

Interior

Interior Features Formal Entry, Tub w/Shower Over

Heating MultiUnits

Cooling Multi Units, Wall/Window Unit(s)

Flooring Hardwood Flrs Throughout, Tile

Fireplace No

Window Features Window Coverings

Laundry In Unit

Exterior

Exterior Feature Back Yard, Garden/Play, Side Yard, Entry Gate, Garden

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

Total Parking Spaces 4

Building

Lot Description Corner Lot

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

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Phone

+1(415) 549-1299

lesmore@lesmorebarker.com

Address

California, 94607, USA