Ad #7741248
MLS #41126531
Four-unit multifamily investment located in Richmond's Civic
1401 Bissell Ave, Richmond, California, 94801
$995,000
10Beds
4Baths
4,488Sqft
0.155Acres
About this property
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.
Property Features
10 Beds
4 Baths
4,488 Sqft
Built in 1923
0.155 Acres
Garage
Siding: Stucco
Composition Roof
Contra Costa County
Civic Center Community
Additional Photos
Contact Information
Colin Davies
Security Pacific Real Estate
510-435-3624
Location
Listing Agent: Colin Davies 510-435-3624
Broker: Security Pacific Real Estate 510-662-8502 Listing Site
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Security Pacific Real Estate 510-662-8502 Listing Site
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$995,000
10
Beds
4
Baths
4,488
Sqft
1401 Bissell Ave, Richmond, California, 94801
By contacting this agent you agree to these Terms and Conditions.
MLS# 41126531
Four-unit multifamily investment located in Richmond's Civic
$995,000
1401 Bissell Ave, Richmond, California, 94801
10
Beds
4
Baths
4,488
Sqft
0.155
Acres
$995,000
1401 Bissell Ave, Richmond, California, 94801
10 Beds
4 Baths
4,488 Sqft
0.155 Acres
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.
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Property Details
HOME DETAILS
10 Beds
4 Baths
4,488 Sqft
Built in 1923
0.155 Acres
EXTERIOR
Garage
Siding: Stucco
Composition Roof
FINANCIAL & COMMUNITY
Contra Costa County
Civic Center Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7741248
Viewed
24 times
Listing Status
Active
Added
Jul 09, 2026
Last Refresh
Jul 24, 2026 07:15:10 PM
Listing Information
Data Source
Contra Costa Association of REALTORS®
Source Property ID
41126531
Listing Agent: Colin Davies 510-435-3624
Broker: Security Pacific Real Estate 510-662-8502 Listing Site
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Security Pacific Real Estate 510-662-8502 Listing Site
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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