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5801 Madison AvenueRichmond, CA 94804

For Sale

$999,950

Smart Buyer Rebate $10,000

Welcome to one of the best investment opportunities on the market! This quality four-plex features, you've guessed it, FOUR outstanding one-bed, one-bath units, each with its own gas and electric meters. Located down the street from El Cerrito City Hall, this property sits at a prime, yet quiet location, with easy access to shops, restaurants, freeways, and public transportation...an excellent attraction for great tenants. Whether you want to own your first investment property or you are a seasoned investor wanting to add another quality property to your portfolio, this is the right choice for you. Make this incredible four-plex yours today!

Listed by Alana Lam

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License #01049403

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Intero Real Estate Services

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408-981-6012

Last updated August 21, 2025

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Source: MLSListings #ML81986273

Listing Facts

  • TypeMulti-family
  • NeighborhoodRichmond Annex
  • Days on Prevu304
  • Taxes$20,271/year
  • Size2,714 sqft
  • Price per sqft$368

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

01/15/2025
Price Decreased
$999,950
11/10/2024
Listed by Intero Real Estate Services
$1,099,950

Property Details for 5801 Madison Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 2
  • Year Built: 1944
  • Year Built Details: 2

Measurements

  • Building Area Total: 2,714
  • Lot Features: Paved
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,770
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,770
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 1.54
  • Gross Income: $40,812.00
  • Operating Expense Includes: Insurance, Mortgage/Loans

Taxes

  • Parcel Number: 509-090-011-8
  • Tax Annual Amount: $20,271.00

Interior

Features

  • Appliances: Oven Range - Gas, Refrigerator, Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate, Tile, Vinyl/Linoleum

Measurements

  • Living Area: 2,714

Other

Features

  • Accessibility Features: Parking

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned Spaces
  • Parking Total: 6

Schools

Elementary School

  • Elementary School District: West Contra Costa Unified

High School

  • High School District: West Contra Costa Unified

Utilities

Equipment

  • Heating: Wall Furnace
  • Utilities: Public Utilities, Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Based on information from MLSListings™️ 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.

Full MLS Disclaimers

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.