CA > Richmond > City Center
Richmond, CA 94801,1401 Bissell Ave
Richmond, CA 94801,1401 Bissell Ave
Richmond, CA 94801,1401 Bissell Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
9
Aug
Sun
10
Aug
Mon
11
Aug
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$995,000
Est. payment /mo
6,751 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision City Center

MLS Listing ID 41081437

HOA Y/N No

Year Built 1923

Lot Size 6,751 Sqft

Property Sub-Type Quadruplex

Property Description

Professionally managed and fully occupied, this Bay Area investment provides immediate stability and robust cash flow. Verified 2024 financials show an annual rental income of $88,927 plus $809 in parking revenue, totaling $89,736 in gross income, and a $54,360 NOI. Transparent expenses include $14,448 in taxes and $4,117 in insurance, minimizing volatility. Projected 2025 gross scheduled income is $98,640, with a 5.87% cap rate at current performance and up to 9.06% at Fair Market Rent (FMR). The 2025 cap rate, new property tax at reassessment, and FMR are accounted for at the current list price. Located in a high-demand area known for low vacancy,—ideal for a seamless 1031 exchange or a strategic addition to your portfolio.

Location

State CA

County Contra Costa

Interior

Cooling See Remarks

Flooring Tile, Wood

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Garage

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description Back Yard, Corner Lot, Yard

Others

Tax ID 5401400196

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Read Less Info
CRMLS – RECore
Listed by Colin Davies Security Pacific Real Estate

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
 
Serving Southern California

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

There are 30 quick searches
 
Serving Arizona
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
More