Active

701 40th St

Richmond, CA 94805
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Bed 4

Bed

Bath 4

Bath

SqFt5,000

Sqft(Lot)

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 hoo kups, 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $999,995

AD Id : 78856478

MLS Id : 41135209

Beds : 4

Lot Size : 5,000 Sqft

Year Built : 1948

County : Contra Costa

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Property Appliances: Gas Water Heater Flooring: Carpet,Laminate,Tile
  • Cooling Features

    Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1948 Construction: Stucco

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1148
  • Lot Size Source: Public Records Lot Size Square Feet: 5000

  • Listing Price Information

    Original List Price: 999,995 Listing Contract Date: 2026-05-18

  • Tax Information

    Parcel Number: 5180200122

  • Garage and Parking

    Garage Description: Garage,On Street

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Cross Street: Clinton Avenue. Source Property Type: Residential Income Property SubType: Quadruplex
  • Building and Construction

    Property Age: 78 Structure Type: Quadruplex Year Built Source: Vendor Enhanced
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Key Boulevard, Richmond, CA, 94805 $784,000 -- -- 1,764 1,764 SqFt
12664 San Pablo Avenue, Richmond, CA, 94805 $660,000 2 1 --

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ByOwner last updated this listing 06/09/2026 @ 00:06

MLS: 41135209 LISTED BY: Doris De Leon, Mardel Realty & Loans Inc. 510-799-8808 SOURCE: CRMLS

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