1401 Bissell Ave, Richmond, CA 94801
Local realty services provided by:CENTURY 21 Sierra Properties
1401 Bissell Ave,Richmond, CA 94801
$995,000
- 10 Beds
- - Baths
- 4,488 sq. ft.
- Multi-family
- Active
Listed by: colin davies
Office: security pacific real estate
MLS#:41081437
Source:CA_BRIDGEMLS
Price summary
- Price:$995,000
- Price per sq. ft.:$221.7
About this home
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.
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Home facts
- Year built:1923
- Listing ID #:41081437
- Added:343 day(s) ago
- Updated:December 13, 2025 at 03:27 PM
Rooms and interior
- Bedrooms:10
- Living area:4,488 sq. ft.
Heating and cooling
- Cooling:Multi Units
- Heating:MultiUnits
Structure and exterior
- Year built:1923
- Building area:4,488 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$221.7
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