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    5801 Madison Ave Richmond, CA 94804

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    For Sale
    $999,950

    Four one-bed, one-bath units near shops and transportation.

    Lot size:
    0.13 Acres

    Property Features for 5801 Madison Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1944

    Source: Intero Real Estate Services Agent Alana Lam

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Plex Near El Cerrito City Hall

    This four-plex offers an investment opportunity with four one-bed, one-bath units. Each unit is equipped with its own gas and electric meters. The property is located near El Cerrito City Hall, providing access to shops, restaurants, freeways, and public transportation. This location is intended to attract tenants.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Contra Costa
    State
    California
    Longitude
    -122.3145739
    Latitude
    37.9181544

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    FAQs

    What type of property is this?
    Quadplex - Four one-bed, one-bath units near shops and transportation.
    Where is this quadplex located?
    The property is located at 5801 Madison Ave Richmond, CA.
    What is the asking price?
    The asking price for this property is $999,950.
    What are key features of this property?
    This property features: - Four individual units offer immediate rental income potential.; - Each unit has separate gas and electric meters, simplifying utility management.; - Prime location near El Cerrito City Hall provides convenient access to amenities.
    (408) 981-6012
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    5801 Madison Ave Richmond, CA 94804
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    Richmond, CA 94804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5801 Madison Ave Richmond, CA 94804
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