701 Alamo Ave Richmond, CA $ 950,000
701 Alamo Ave
$ 950,000
Open House 12/14 1pm - 1pm
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701 Alamo Ave

Richmond, CA, 94801
$ 950,000
Bedrooms10 Baths4.0 Sq 2,928

Monthly Estimate*

$ 5,927

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Multi-Family Home for sale in Richmond, CA

for $950,000 with 10 bedrooms and 4 full baths. This 2,928 square foot home was built in 1948 on a lot size of 0.114784.

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.

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Open House

12/14/2025 1:00 PM - 1:00 PM
701 Alamo Ave Richmond, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 950,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.114784

Year Built

1948

Town/City

Richmond

County/Region

Contra Costa

MLS | Web ID

41116669

Features
General
Living Area 2928
Sewer Public Sewer
Heating Natural Gas
Cooling Other
Utilities Cable TV Wired For Individual Electric Meter Individual Gas Meter
Roof Other
Construction Materials Stucco
Year Built 1948
Property Subtype Quadruplex
County Contra Costa
Property Type Residential Income
HOA N
Subdivision Name Richmond
Garage Y/N No
Status Active
Directions Google Maps
City Richmond
MLS Area Listing
Lot Size Square Feet 5000
Standard Status Active
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Interior
Flooring Wood
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
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Exterior
Fencing Fenced
Parking Features Tandem
Lot Features Rectangular Lot Paved
Lot Size Area 5000
Building Area Total 2928
Lot Size Acres 0.11
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Internal Only
Street Number 1 701
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* Excluded Features
List By
Jatin Mehta

Listing Agent

Kite Hill Real Estate

Broker

jat@teamkitehill.com

Email

Affordability Calculator

$5,927
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$950,000 -4.81% Price Down
11/4/2025$998,000 Listed Price

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701 Alamo Ave, Richmond, CA, 94801 is a Multi-Family Home for sale at $950,000 with 2,928 sqft and a lot size of 0.114784. 701 Alamo Ave has 10 bedrooms, 4.0 baths, and was built in 1948. The property's zip code is 94801 which is in Richmond, CA