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  • 1401 Bissell Ave

1401 Bissell Ave, Richmond, CA 94801

$995,000 Approx. USD 0 beds, 0 baths
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Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
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Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
Phone: 310-829-0629
Fax: 310-829-7541
Santa Monica 3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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Fax: 310-829-7541
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Listing Agent


Colin Davies | colin@colindaviesrealty.com
Lic#: 01935999
Broker: Courtesy of Security Pacific Real Estate
Phone: 510-435-3624

Agent Remarks

Four-unit multifamily investment located in Richmond’s Civic Center district near major regional transit including Richmond BART and Amtrak. Verified 2025 operating performance shows $91,437 in Gross Operating Income and $56,865 in Net Operating Income, reflecting a 5.7% cap rate at the $995,000 list price. The property consists of four ±1,122 SF units (total building area ±4,488 SF) situated on a ±6,750 SF corner lot. Unit 1403 is vacant and features a three-bedroom/one-bathroom layout, creating an opportunity for owner-occupancy or for an investor to lease the unit at market rent. The remaining three units include a mix of two-bedroom/one-bath and a three-bedroom/one-bath layout. Per current leases, tenants are responsible for separately paying water, sewer, gas, electricity, internet, and cable/satellite. Standard trash and recycling utilities are not billed to the tenants. The property includes four garage parking spaces and is located near Richmond Civic Center, Kaiser Richmond Medical Center, and the Richmond BART/Amtrak station, providing regional access to Oakland, Berkeley, and San Francisco. The property offers existing income with upside potential through lease-up of the vacant unit and future rent growth.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# 41126531
Price: $995,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1923
0.16 acres
Lot size: 0.1550
Subdivision: CIVIC CENTER
County: Contra Costa
Construction: Stucco
Parking description: Garage
Lot description: Back Yard,Corner Lot,Garden,Yard
Heating/cooling: Wall/Window Unit(s)

Last Updated: 7/30/2026

 Days On Market (DOM): 160

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Lat/Long: 37.934209, -122.356011.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Melissa Ellis

Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com

Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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