701 Alamo Ave Richmond, CA $ 950,000
701 Alamo Ave
$ 950,000
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701 Alamo Ave

Richmond, CA, 94801
$ 950,000
Baths1.0

Monthly Estimate*

$ 5,927

Listed by Kite Hill Real Estate
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Studio

Multi-Family Home for sale in Richmond, CA

for $950,000 with 1 full bath. This home was built in 1948 on a lot size of 0.1148.

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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Multi-Family Active

Price

$ 950,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1148

Year Built

1948

Town/City

Richmond

County/Region

Contra Costa

MLS | Web ID

41116669

Days on Market

42

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling See Remarks
Possession Close Of Escrow
HOA Fee 0
Construction Materials Stucco
Year Built 1948
Tenant Pays Gas
Property Subtype Quadruplex
County Contra Costa
Property Type Residential Income
Subdivision Name RICHMOND
Status Active
Directions Google Maps Cross Street: Cherry St.
City Richmond
Disclosures Rent Control
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 5000
Listing Terms Cash Conventional 1031 Exchange
Rent Control Y/N true
Standard Status Active
Property Sub Type Additional Quadruplex
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Interior
Flooring Wood
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 4
Lot Size Area 5000
Lot Size Acres 0.1148
Lot Size Source Public Records
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* Excluded Features
List By
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
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/2/2025$950,000 -4.81% Price Down
11/20/2025$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 a lot size of 0.1148. 701 Alamo Ave is a studio with 1.0 baths and was built in 1948. The property's zip code is 94801 which is in Richmond, CA