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$995,000

$5,000Reward *

1401 Bissell Ave, Richmond, CA 94801Listing ID 41081437

1401 Bissell Ave, Richmond, CA 94801

Active

CITY CENTER

Time on site: 541 days • Last updated: Sep 3, 2025

Property Type

Residential Income

Property Sub Type

Quadruplex

Acres

0.16

Days on Site

418

Cooling

See Remarks

Year Built

1923

Parking

Garage

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.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CCBE-213503297

1401 Bissell Ave, Richmond, CA 94801

Market Report for 94801

Property Information

Property Details

Location

Interior Features

Heating and Cooling

Building

Building Information