---
listing_id: CC41135209
status: Active
price: 999995
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 2430
sqft_lot: 5000
lot_acres: 
year_built: 1948
property_type: Residential Income
property_subtype: 
address: "701 40th St"
city: Richmond
state: CA
zip: 94805
county: "Contra Costa County"
lat: 37.9409291
lng: -122.3300729
days_on_market: 0
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Doris De Leon"
list_office: "Mardel Realty & Loans Inc."
list_agent_phone: "(510) 289-5103"
list_agent_license: 01294590
mls_source: MAXEBRDI
modified: 2026-05-19
transaction_type: buy
---

Home | Contra Costa County | Richmond | 94805 | 701 40th St

701 40th St, Richmond, CA 94805

MLS: CC41135209 | Status: Active | Price: $999,995
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
2,430 5,000 1948

Remarks

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.

MLS Listing Information

Field Value
MLS # CC41135209
MLS Source Contra Costa Association of Realtors
Days on Site 0

Features

Interior Features

Feature Details
Flooring Carpet - Wall to Wall, Laminate, Tile
Cooling Air Conditioning - None
Heating Wall Furnace

Parking, School, and Other Information

Feature Details
Garage/Parking Garage, Off-Street Parking, Garage: Car(s)
Complex Amenities None

Contact Information

Doris De Leon
Mardel Realty & Loans Inc.
License #: 01294590
Phone: (510) 289-5103

Property Units

# Buildings # Leased Units # Total Units
4

Unit Details

Unit # Sq Ft Beds Baths Rent
1 607 1 0/0
2 607 1 0/0
3 607 1 0/0
4 607 1 0/0

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Wilson Elementary School public K-6 0.13 mi 3
West Contra Costa Adult Education public UG 0.68 mi N/A
Lovonya Dejean Middle School public 7-8 0.69 mi 1
Stege Elementary School public K-6 0.80 mi 2
Riverside Elementary School public K-6 0.81 mi 4
Grant Elementary School public K-6 0.82 mi 1
King Elementary School public K-6 0.83 mi 2
Mira Vista Elementary School public K-8 0.83 mi 7
Ford Elementary School public K-6 0.96 mi 1
Richmond High School public 9-12 1.18 mi 3
Kennedy High School public 9-12 1.18 mi 2
Cesar E. Chavez Elementary School public K-6 1.31 mi 2
Coronado Elementary School public K-6 1.40 mi 3
Edward M. Downer Elementary School public K-6 1.48 mi 3
Helms Middle School public 7-8 1.57 mi 1
Dover Elementary School public K-6 1.66 mi 4
Greenwood Academy public 9-12 1.78 mi 1
Cameron School public UG 1.83 mi N/A
Nystrom Elementary School public K-6 1.83 mi 6
Peres Elementary School public K-8 1.91 mi 1

Nearby Homes

Address Price Beds Baths Sq Ft Status
1114 S 57th St $1,050,000 2,282 PendingDoNotShow
100 S 21st Street $930,000 3,288 Active
1808-1814 Mason St $929,000 2,928 Active
1806-1808 Key Blvd $975,000 2,008 Active

Disclosures

©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.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of May 19, 2026. For the most current information, please contact Doris De Leon, (510) 289-5103.