1401 Bissell Ave, Richmond, CA, 94801
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1923
Materials
- Roof: Composition,Bitumen
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Quadruplex
Interior
Appliances
- Laundry features: In Unit
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 4
Features
- Formal Entry,Tub w/Shower Over
- Window features: Window Coverings
- Flooring: Hardwood,Tile
Heating & Cooling
- Heating features: MultiUnits
- Cooling features: Wall/Window Unit(s),Multi Units
Interior Area
- Total structure area: 4,488
- Total interior livable area: 4,488 sqft
Property
Details
- Parcel number: 5401400196
- Attached to another structure: Yes
- Special condition: Standard
Features
- Exterior features: Garden/Play,Entry Gate,Garden
- Fencing: Fenced,Full
Lot
- Lot size: 6,969 sqft
- Features: Corner Lot,Back Yard,Side Yard
Parking
- Parking features: Detached,Garage Faces Side
- Has garage: Yes
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
- Inland Flooding
- Lightning
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 | $5,031 | $60,372 |
| Home Insurance * | $266 | $3,192 |
| Property Taxes | $1,772 | $21,264 |
| Electricity | $962 | $11,548 |
| Total | $8,031 | $96,372 |
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 |
|---|---|---|
| 2026-03-09 | Listed for sale | $995,000 |
| 2026-01-02 | Listing removed | $995,000 |
| 2025-08-27 | Listed for sale | $995,000 |
| 2025-08-15 | Pending sale | $995,000 |
| 2025-07-18 | Listed for sale | $995,000 |
| 2025-05-08 | Pending sale | $995,000 |
| 2025-04-22 | Listed for sale | $995,000 |
| 2025-04-12 | Pending sale | $995,000 |
| 2025-03-05 | Price change | $995,000 |
| 2025-02-07 | Pending sale | $1,050,000 |
| 2025-01-04 | Listed for sale | $1,050,000 |
| 2014-11-19 | Listing removed | $1,800 |
| 2014-10-28 | Listed for rent | $1,800 |
| 2014-10-15 | Sold | $571,500 |
| 2014-06-12 | Listing removed | $549,000 |
| 2014-04-19 | Listed for sale | $549,000 |
| 2012-08-09 | Sold | $350,000 |
| 2010-04-01 | Sold | $240,000 |
| 2003-11-18 | Sold | $595,000 |
| 2001-10-26 | Sold | $399,000 |
| 2000-08-25 | Sold | $213,000 |
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