12479 San Pablo Ave, Richmond, CA, 94805
About This Home
Investment Opportunity: Well-Maintained 4-Plex at 12479 San Pablo Ave, Richmond, CA 94805. This solid quadruplex features four 1-bed/1-bath units, each ~750 sq ft (total ~3,000 sq ft), built in 1944 and consistently well-maintained and upgraded. Most units have been remodeled to improve desirability and to ensure reliable, low-maintenance tenancy. Priced to Sell, it offers strong returns: Gross Cap Rate: 7.44%, and Net Cap Rate: 4.82%. Located on a high-traffic corridor with excellent access to highways, transit, and amenities in a resilient Bay Area market. Ideal for cash-flow investors or 1031 exchanges. Turnkey and ready to perform. (Please note that neighboring lot and 4-Plex at 12477 is also available for sale).
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1944
Materials
- Roof: Composition
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Quadruplex
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Tub w/Shower Over
- Flooring: Vinyl
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: No Air Conditioning
Interior Area
- Total structure area: 3,034
- Total interior livable area: 3,034 sqft
Property
Details
- Parcel number: 5180500042
- Attached to another structure: Yes
- Special condition: Standard
Features
- Exterior features: Garden/Play
Lot
- Lot size: 5,227 sqft
- Features: Level
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Contra Costa County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,540 | $54,480 |
| Home Insurance * | $211 | $2,532 |
| Property Taxes | $583 | $6,996 |
| Electricity | $650 | $7,807 |
| Total | $5,984 | $71,808 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Price change | $898,000 |
| 2026-04-10 | Price change | $948,000 |
| 2026-03-23 | Listed for sale | $995,000 |
| 2012-08-24 | Sold | $270,500 |
| 2005-12-13 | Sold | $635,000 |
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