Modern Triplex with In-Unit
125 12th St Richmond, CA 94801
125 12th St, Richmond, CA, 94801
$979,999
Pending
For Sale
$979,999
Pending
MULTI_FAMILY - Richmond, CA
Property Size3,576 SF
Lot Size0.13 Acres
Days on Market47
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
- Pending
- 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
Listing Agency
EXP Realty of California, Inc
(888) 584-9427
2603 Camino Ramon Ste 200, San Ramon, CA
Listed by
Eduardo Ruelas · License #02143250
(510) 455-1759
Added: Jun 4 Updated: Jul 11 at 8:34 am Checked: Jul 20 at 7:06 pm
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.
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $59,800 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$740.0K
$647.5K – $863.4K
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
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