Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Triplex with In-Unit Laundry Title is generated by Realmo AI

    125 12th St, Richmond, CA 94801

    View on Map
    Claim this Listing
    New
    For Sale
    $979,999

    MULTI_FAMILY - Richmond, CA

    Property size:
    3,576 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $274/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 4:06 am

    Property Features for 125 12th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Garage
    Interior features
    Storage
    Exterior features
    Garden/Play
    Fencing
    Fenced
    Appliances
    Dryer, Electric Water Heater
    Standard status
    Active
    Size
    3,576 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1928
    Number of units
    3
    Flooring type
    Wood, Vinyl
    Building materials
    Concrete
    Roof type
    Rolled Hot Mop
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Eduardo Ruelas

    Listing agent Eduardo Ruelas License #02143250

    Listing office EXP Realty of California, Inc 2603 Camino Ramon Ste 200, San Ramon, CA

    Listing date Jun 4, 2026

    MLS# 41137265 Listing URL

    Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Triplex with concrete construction and rolled hot mop roof
    • All three units are vacant and move‑in ready
    • In‑unit washer and dryer included in each unit
    • Each unit has a garage; property is fully fenced and behind a private security gate
    • Public water service and public sewer connection
    • Electric heating; interior features include storage

    Overview

    This modern triplex at 125 12th St in Richmond presents three vacant, move-in ready units within a single property. Each unit is described as extensively updated with contemporary finishes and fixtures. A practical day-to-day amenity included in every unit is an in-unit washer and dryer, which can simplify move-ins and ongoing tenant convenience. The property also includes a private garage for every unit. For added privacy and controlled access, the entire triplex sits behind a private security gate.

    The property is located in Richmond, California (Contra Costa County). The lot size is 0.1291 acres, and the total building size is 3,576 square feet. With all units currently vacant, there is flexibility for how the property can be used from day one.

    For an owner-occupant, the layout supports living in one unit while renting the other two, with the security-gated setting and private garages maintained for each residence. For investors, the vacancy status and move-in readiness can reduce immediate leasing friction, since the units are positioned to be occupied without waiting for updates or in-place turnover. Buyers looking for a turn-key triplex configuration with standardized unit features may find this setup aligns well with common tenant expectations.

    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 $90.1k $25.20
    − Vacancy −$4.7k −$1.31
    EGI $85.4k $23.89
    − OpEx −$25.6k −$7.17
    NOI $59.8k $16.72
    3,576 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $854.3K
    $747.5K – $996.7K (±1% cap)
    NOI $59,800 @ 7.0% cap · market cap 6.10%
    Second Best
    Apartment 5plus
    $740.0K
    $647.5K – $863.4K (±1% cap)
    NOI $51,802 @ 7.0% cap · market cap 5.29%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Contra Costa
    State
    California
    Longitude
    -122.358336
    Latitude
    37.933025

    Nearby Similar for Sale

    • $975,000
      4,535 SF

      Point Richmond Office Investment Opportunity

      Well-maintained office property in Point Richmond with income potential.
      116 Washington Avenue, Richmond, CA 94801
      View Details
    • $1,300,000
      7,425 SF

      Richmond Commercial Warehouse For Sale

      Versatile industrial property in Richmond's Green Zone, ideal for operators.
      10301034 Ohio Avenue, Richmond, CA 94804
      View Details
    • $995,000
      4,488 SF

      Richmond Multifamily Investment Opportunity

      Four units near transit with income and upside potential.
      1401 Bissell Ave, Richmond, CA 94801
      View Details
    • $750,000
      1,332 SF

      Richmond Duplex: Investment and Living

      Well-maintained Richmond duplex with income potential and updated features.
      1003-1011 Lassen St, Richmond, CA 94805
      View Details
    • $930,000
      3,288 SF

      Richmond Fourplex: Investment Opportunity

      Four-unit property in Richmond with strong rental demand and upside.
      100 S 21st street, Richmond, CA 94804
      View Details
    • $798,000
      3,462 SF

      Fourplex with Three 2BR Units

      1923-built 4-unit residential income property with three 2-bedroom units plus one 2-bedroom 1.5-bath unit.
      1225 Fred Jackson WAY, RICHMOND, CA 94801
      View Details
    • $849,000
      6,312 SF

      Versatile Commercial Building in Richmond

      6,312 SF commercial building with three units and parking.
      2809 Macdonald AVE, Richmond, CA 94804
      View Details
    • $695,000
      1,630 SF

      Spanish-Style Duplex with Private Garages

      Well-maintained, freshly painted duplex with end-to-end layouts, private entrances, garages, and move-in-ready vacant units.
      1532 Mariposa St, Richmond, CA 94804
      View Details
    • $640,000
      1,476 SF

      Richmond Duplex: Investment Opportunity

      Well-located duplex with immediate income and long-term rental potential.
      2620 Maricopa Ave, Richmond, CA 94804
      View Details
    • $690,000
      1,974 SF

      Renovated 2-Unit Residential Income

      Completely renovated duplex with two 3-bedroom, 1-bath units, each with appliances and in-unit laundry.
      423 Silver Ave, Richmond, CA 94805
      View Details
    • $799,000
      1,358 SF

      Richmond Multifamily Income Property

      Income-producing duplex in desirable Richmond Annex neighborhood.
      6130 Van Fleet Ave, Richmond, CA 94804
      View Details
    • $849,000
      6,312 SF

      Versatile Commercial Building in Richmond

      6,312 Sq ft building with three units and parking.
      2809 Macdonald AVE, RICHMOND, CA 94804
      View Details

    FAQs

    What type of property is this?
    Triplex - All three units are vacant and move-in ready, with in-unit washer and dryer and private garages behind a gated entry.
    Where is this triplex located?
    The property is located at 125 12th St Richmond, CA.
    What is the asking price?
    The asking price for this property is $979,999.
    What are key features of this property?
    This property features: Triplex with concrete construction and rolled hot mop roof; All three units are vacant and move‑in ready; In‑unit washer and dryer included in each unit
    (510) 455-1759
    We can help!
    Listing Contact
    Eduardo Ruelas
    Real Estate License ID: 02143250
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    125 12th St, Richmond, CA 94801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!