12477 San Pablo Ave Richmond, CA 94805
Well-maintained four-unit property in Richmond, CA, with strong returns.
- Added:
- Mar 25, 2026
- Days on Market:
- 110
- Last Refresh:
- Jul 3 at 3:30 am
Property Features for 12477 San Pablo Ave
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.11 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1944
Listing office Flat Rate Realty (510) 890-8028
Listing date Mar 25, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Strong returns: Gross Cap Rate 7.44%, Net Cap Rate 4.82%
- Well‑maintained and upgraded units, ensuring reliable, low‑maintenance tenancy
- Four 1‑bed/1‑bath units, each ~750 sq ft (total ~3,000 sq ft)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $25.20 |
| − Vacancy | −$3.9k | −$1.31 |
| EGI | $71.7k | $23.89 |
| − OpEx | −$21.5k | −$7.17 |
| NOI | $50.2k | $16.72 |
