CA > Richmond > Richmond
Richmond, CA 94801,701 Alamo Ave
Richmond, CA 94801,701 Alamo Ave
Richmond, CA 94801,701 Alamo Ave
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$950,000
Est. payment /mo
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2,928 SqFt
Open 12/14 1PM-1PM

701 Alamo Ave Richmond, CA 94801

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Daniel Ripper

Daniel Ripper

+1(415) 205-6312

Open House

Sun Dec 14, 1:00pm - 1:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,928 sqft

Price per Sqft $324

Subdivision Richmond

MLS Listing ID 41116669

HOA Y/N No

Year Built 1948

Lot Size 5,000 Sqft

Property Sub-Type Quadruplex

Source Bridge AOR

Property Description

To access marketing package copy/paste: https://bit.ly/kitehillre. 701 Alamo Avenue presents an exceptional opportunity to acquire a well-maintained four-unit investment property offering strong and stable cash flow. The building generates $10,000 per month in rent, translating to an annual gross income of $120,000, providing immediate and consistent returns for investors seeking reliable performance in a growing submarket. The property features a desirable and balanced unit mix with (2) two-bedroom, one-bath units and (2) three-bedroom, one-bath units, appealing to a wide range of tenants. With 2,928 square feet of total living area situated on a 5,000-square-foot lot, each unit averages over 700 square feet of comfortable, well-proportioned living space — a rare combination of size and efficiency that supports strong tenant retention. Situated on a prime corner lot, the property benefits from excellent street presence, abundant natural light, and convenient access. It is also ideally located directly across from Shields-Reid Park, which is nearing completion of an $8 million renovation. The revitalized park will feature new recreation facilities and community spaces, further enhancing neighborhood appeal and long-term value for residents and investors alike.

Location

State CA

County Contra Costa

Interior

Heating Natural Gas

Cooling Other

Flooring Wood

Fireplace No

Building

Lot Description Rectangular Lot, Paved

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Daniel Ripper
Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312 | [email protected]

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701 Alamo Ave

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