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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: 587 days • Last updated: Sep 3, 2025
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Acres
Acres
0.16
Days on Site
Days on Site
465
Cooling
Cooling
See Remarks
Year Built
Year Built
1923
Parking
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.

Property Information

Property Details

Location

Address
1401 Bissell Ave
County
Contra Costa
City
Richmond
Zip Code
94801
Subdivision
CITY CENTER

Interior Features

Heating and Cooling

Cooling
See Remarks

Building

Building Information

Year Built
1923
Construction
Stucco
Roof
Shingle
Colin Davies • Security Pacific Real Estate, (510) 222-8340

Market Report for 94801

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*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
California Regional MLS logo

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