Cara Milgate

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12477 San Pablo AveRichmond, CA 94805

Multi-Family · 4 Beds · 3,034 Sq. ft. | 0.12 Acres
$898,000 Active

12477 San Pablo Ave Overview

Time on Site:
100 days
Visits:
1

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).

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12477 San Pablo Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,034
  • Price/Sq.ft. $296
  • Lot 0.12 Acres

Details

General

Building Information

  • Year Built: 1944

Location/Region

  • Country: US
  • County Or Parish: Contra Costa
  • Subdivision Name: CENTRAL

General Information

  • Listing Terms: Cash,1031 Exchange,Call Listing Agent
  • Parcel Number: 5180500059
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3034
  • Building Area Units: Square Feet

General Information

  • Appliances: Gas Water Heater
  • Basement: None
  • Fireplace: false
  • Flooring: Vinyl
  • Interior Features: Tub w/Shower Over
  • Living Area: 3034
  • Living Area Units: Square Feet
  • Security Features: Carbon Monoxide Detector(s),Security Gate

Exterior

Parking Information

  • Parking Features: Off Street
  • Parking Total: 4

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Square Feet: 5000
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Stucco

General Information

  • Carport: false
  • Exterior Features: Garden/Play
  • Sewer: Public Sewer
  • Utilities: All Utilities,Internet Available,Natural Gas Connected,Individual Electric Meter,Individual Gas Meter

12477 San Pablo Ave Neighborhood

Community

94805 (RICHMOND) Demographics

42
Median Age
7,207
Population Density (per sq. mile)
51%
College Educated
$89,443
Estimated Median Income
3,834
Estimated Total Home Owners
1,616
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12477 San Pablo Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12477 San Pablo Ave Market Data

Based on the last 30 days in this zip code

$711,654
Average List Price
$540
Average Price per Square Foot
12
Properties Sold
74
Average Days on Market
42
Properties for Sale
Calculations provided by Reliance Network

12477 San Pablo Ave History

Date Event Value Agent
5/5/2026Source: bridgeMLS Status Change
Active
4/28/2026Source: bridgeMLS Price Reduction
$898,000 -5.3%
4/28/2026Source: bridgeMLS Status Change
Price Change
4/28/2026Source: CRMLS Price Reduction
$898,000 -5.3%
4/17/2026Source: bridgeMLS Status Change
Active
4/10/2026Source: CRMLS Price Reduction
$948,000 -5.0%
4/10/2026Source: bridgeMLS Price Reduction
$948,000 -5.0%
4/10/2026Source: bridgeMLS Status Change
Price Change
3/28/2026Source: bridgeMLS Status Change
Active
3/21/2026Source: CRMLS Added to Database
March 21, 2026
3/21/2026Source: bridgeMLS Added to Database
March 21, 2026
11/12/2024Source: bridgeMLS Status Change
Sold
Listing provided courtesy of Flat Rate Realty- MLS# 41128143MLS Provider