Property Details
About this Property
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.
MLS Listing Information
MLS #
CC41126531
MLS Source
Contra Costa Association of Realtors
Days on Site
21
Interior Features
Flooring
Hardwood, Tile
Cooling
Window/Wall Unit
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Detached, Garage: Car(s)
Elementary District
West Contra Costa Unified
High School District
West Contra Costa Unified
Water
Public
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,122 | 2 | 0/0 | – |
| 2 | 1,122 | 3 | 0/0 | – |
| 3 | 1,122 | 3 | 0/0 | $2,120 |
| 4 | 1,122 | 2 | 0/0 | $1,750 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1401 Bissell Ave is a Residential Income in Richmond, CA 94801. This 4,488 square foot property sits on a 6,750 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $995,000 and was built in 1923. This address can also be written as 1401 Bissell Ave, Richmond, CA 94801.
©2026 Contra Costa Association of Realtors. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Contra Costa Association of Realtors.
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This listing information is up-to-date as of March 23, 2026. For the most current information, please contact Colin Davies, (510) 435-3624
