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Modern Triplex with In-Unit Laundry

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
2603 Camino Ramon Ste 200, San Ramon, CA
Listed by Eduardo Ruelas · License #02143250
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.

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 (±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 Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm HVAC Service Locksmith Dental Office (Bike/Boat/Book/etc) Store Accounting Firm Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store

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

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
Contact an agent
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