$995,000 - 1401 Bissell Ave, Richmond
- 10Beds
- 4Baths
- 0.16Acres
Richmond Home For Sale
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.
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- Parking Spaces4
- ParkingGarage
- GaragesGarage
Additional Information
- Date ListedMarch 9th, 2026
- Days on Market39
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #41126531
- Price$995,000
- Bedrooms10
- Bathrooms4.00
- Acres0.16
- Year Built1923
- TypeResidential Income
- Sub-TypeQuadruplex
- StatusActive
- Listing AgentColin Davies
- Listing OfficeSecurity Pacific Real Estate
Exterior
- ExteriorStucco
- Lot DescriptionBack Yard, Corner Lot, Garden, Yard
- RoofShingle
- ConstructionStucco
Community Information
- Address1401 Bissell Ave
- SubdivisionCIVIC CENTER
- CityRichmond
- CountyContra Costa
- Zip Code94801
Interior
- InteriorTile, Wood
- CoolingWall/Window Unit(s)
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Similar Neighborhoods to "CIVIC CENTER" in Richmond, California
Back to Results- City:
- Richmond
- Price Range:
- $665,000 - $1,600,000
- Current Listings:
- 7
- HOA Dues:
- $0
- Average Price per Square Foot:
- $323
Central
- City:
- Richmond
- Price Range:
- $948,000 - $948,000
- Current Listings:
- 2
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 17th, 2026 at 9:57am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.