701 40th St Richmond, CA 94805
Listing Courtesy of:  bridgeMLS / Listed By: Doris De Leon, Mardel Realty & Loans Inc.

  701 40th St Richmond, CA 94805

Pending (99 Days)
$999,995 (USD)

Description

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 hookups, 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.

MLS #:
41135209
Lot Size
5,000 SQFT
Type
Multifamily
Year Built
1948
County
Contra Costa County
Community
Central Richmond

Listed By

Doris De Leon, Mardel Realty & Loans Inc.
Source
bridgeMLS
Last checked Aug 26 2026 at 4:24 AM GMT+0000
Bathroom Details
Interior Features
  • Gas Water Heater
Subdivision
  • Central Richmond
Lot Information
  • Corner Lot
Heating and Cooling
  • Wall Furnace
  • No Air Conditioning
Flooring
  • Laminate
  • Tile
  • Carpet
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Individual Electric Meter
  • Sewer: Public Sewer
Garage
  • Garage
Parking
  • Off Street
  • Garage Faces Front
  • Garage
Living Area
  • 2,430 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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