Investment Opportunity: Well-Maintained 4-Plex at 12477 San Pablo Ave, Richmond, CA 94805. This solid quadruplex features four 1-bed/1-bath units, each ~750 sq ft (total ~3,000 sq ft), built in 1944 and consistently well-maintained and upgraded. Most units have been remodeled to improve desirability and to ensure reliable, low-maintenance tenancy. Priced to Sell, it offers strong returns: Gross Cap Rate: 7.44%, and Net Cap Rate: 4.82%. Located on a high-traffic corridor with excellent access to highways, transit, and amenities in a resilient Bay Area market. Ideal for cash-flow investors or 1031 exchanges. Turnkey and ready to perform. (Please note that neighboring lot and 4-Plex at 12479 is also available for sale).
Listed by John Kirkish
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License #02070987
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Flat Rate Realty
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johnkirkish@gmail.com
Last updated April 28, 2026
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Source: bridgeMLS #41128143
Listing Facts
TypeMulti-family
NeighborhoodNorth and East
Bedrooms4
Days on Prevu42
Size3,034 sqft
Price per sqft$296
Amenities
Parking
Location
Mortgage Calculator
Listing History
04/28/2026
Price Decreased
$898,000
04/11/2026
Price Decreased
$948,000
03/21/2026
Listed by Flat Rate Realty
$998,000
Property Details for 12477 San Pablo Ave
Exterior
Construction
Number Of Units Total: 4
Year Built: 1944
Construction Materials: Stucco
Exterior Features: Garden/Play
Measurements
Building Area Total: 3,034
Lot Features: Level
Lot Size Acres: 0.12
Lot Size Area: 0
Lot Size Square Feet: 5,000
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 5180500059
Interior
Features
Appliances: Gas Water Heater
Flooring: Vinyl
Interior Features: Tub W/Shower Over
Measurements
Living Area: 3,034
Living Area Units: Square Feet
Rooms
Bedrooms Total: 4
Other
Location
Subdivision Name: CENTRAL
Parking
Parking
Parking Features: Off Street
Utilities
Equipment
Cooling: No Air Conditioning
Heating: Wall Furnace
Has Heating: Yes
Sewer: Public Sewer
Utilities: All Utilities, Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 4 bedrooms in this multi-family home at 12477 San Pablo Ave.
How does 12477 San Pablo Ave compare to other multi-family homes in North and East?
This multi-family home is listed 1% below the average price for multi-family homes in North and East and has been on the market for 19 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,034 sqft.
12477 San Pablo Ave is a 4-bedroom multi-family home for sale in Richmond CA 94805. Listed on Prevu for 42 days at $898,000. This includes a recent price decrease of $50,000. This property features 3,034 square feet of living space, located in North and East. The median listing price for multi-family homes in this area is $669,000. Additional amenities include parking. Explore more multi-family home listings in Richmond.
Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.