1401 Bissell Ave, Richmond, CA 94801 | For Sale

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For Sale $995,000

$995,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 6,750 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $995,000
Property Type Fourplex (4-units)
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 4 spots
Year Built 1923
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 5401400196
MLS # 41081437
Property ID 321168513
Lot Sqft 6,750
Zoning Unknown
Total Units 4
Days on Market 363
Original List Price $1,050,000
Applicances Dryer,Washer%
Date Updated September 03, 2025
Date Created January 03, 2025
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Listing Provided By

Colin Davies an agent of . Lic #01935999


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 03, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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