701 40Th St, Richmond, CA 94805
Listed by Doris De Leon • Mardel Realty & Loans Inc.
Bought with Shalene Rose Corcoran Icon Properties

$990,000

Est. payment /mo
Est.Price: ?

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701 40Th St Richmond, CA 94805

2,430 SqFt

SOLD DATE : 09/02/2026

Key Details

Sold Price $990,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,430 sqft

Price per Sqft $407

Subdivision Central Richmond

MLS Listing ID 41135209

Year Built 1948

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

Property Description

Exceptional Multifamily Investment Opportunity – Fully Occupied 4-Plex Near I-80 & BART Discover a rare opportunity to own a fully occupied fourplex in a highly desirable commuter-friendly location with strong rental demand and excellent long-term investment potential. New roof, new exterior paint and new windows. This income-producing multifamily property features four spacious 1-bedroom, 1-bathroom units, making it an ideal addition to any real estate investment portfolio. Conveniently located near Interstate 80, BART, public transportation, schools, shopping centers, restaurants, and downtown amenities, this property attracts quality tenants seeking convenience, accessibility, and comfortable living. Each unit offers functional layouts with updated kitchens, refrigerators, laundry hookups, and ample living space designed for everyday comfort. Tenants also enjoy the convenience of private garage parking plus additional onsite parking, a highly sought-after feature that increases rental appeal and tenant retention. The property has been well maintained, and all units are currently occupied by reliable tenants with a strong history of on-time rent payments, providing immediate and stable cash flow for investors from day one.

Location

State CA

County Contra Costa

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Laminate, Tile, Carpet

Building

Lot Description Corner Lot

Water Public

Others

Special Listing Condition Standard

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