Listing Courtesy Of:
Security Pacific Real Estate, Colin Davies
Local Realty Services Provided By:
KW Advisors
Overview
What It'll Cost
Neighborhood
1401 Bissell Ave, Richmond, CA 94801
10 Beds
1401 Bissell Ave, Richmond, CA 94801
Estimation provided by Keller Williams Realty Inc.
10 Beds
Active
For Sale
Property Description
Professionally managed and fully occupied, this Bay Area investment provides immediate stability and robust cash flow. Verified 2024 financials show an annual rental income of $88,927 plus $809 in parking revenue, totaling $89,736 in gross income, and a $54,360 NOI. Transparent expenses include $14,448 in taxes and $4,117 in insurance, minimizing volatility. Projected 2025 gross scheduled income is $98,640, with a 5.87% cap rate at current performance and up to 9.06% at Fair Market Rent (FMR). The 2025 cap rate, new property tax at reassessment, and FMR are accounted for at the current list price. Located in a high-demand area known for low vacancy,—ideal for a seamless 1031 exchange or a strategic addition to your portfolio
Property Details
Compare This Home
Overview
Property Type
Quadruplex
Property Size
Year Built
1923
Days on Site
69 Days
HVAC
MultiUnits, Multi Units
Parking
4 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$995,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/05/2025
Price Decrease
(-5.24% )
01/03/2025
Listed
(+83.73% )
10/13/2014
Sold
(+63.29% )
08/02/2012
Sold
(+45.83% )
03/29/2010
Sold
(-59.66% )
10/17/2003
Sold
(+49.12% )
10/11/2001
Sold
(+87.32% )
08/18/2000
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+2.49% )
Land 265,110 +
Additions 407,917
2022
(+1.71% )
Land 254,816 +
Additions 392,078
2021
(+6.74% )
Land 249,820 +
Additions 384,391
2019
(+3.84% )
Land 247,259 +
Additions 380,450
2018
(+4.49% )
Land 242,411 +
Additions 372,991
2016
Land 232,999 +
Additions 358,508
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from City Center
Car-Dependent
Walkable
Very Walkable