Fourplex Income
450 44th Street Richmond, CA 94805
New
450 44th Street, Richmond, CA, 94805
$660,000
For Sale
$660,000
MULTI_FAMILY - Richmond, CA
Property Size3,114 SF
Lot Size0.15 Acres
Price / SF$211.95
Days on Market2
Property Features for 450 44th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 8, Bedroom 2
- Parking
- 6
- Parking features
- Covered
- Patio and Porch features
- Patio
- Standard status
- Active
- APN
- 5171210080
- Size
- 3,114 SF
- Lot size
- 0.15 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Composition, Shingle
Listing agency
Twin Oaks Real Estate INC
(707) 746-8700
Listed by
Ambar E Toledo · License #02031803
(510) 239-8827
Added: Jul 20 Checked: Jul 21 at 11:06AM
MLS# 326060904
Copyright © 2026 Bay Area Real Estate Information Services, Inc. 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 fourplex residential income property includes four units, with each unit separately metered. The property has a total size of 3,114 square feet and sits on a lot measuring 0.1538 acres.
The address is 450 44th Street in Richmond, California (Contra Costa County). Public remarks indicate the property is located next to the freeway, providing access toward the East Bay and San Francisco.
The listing presents the asset as an investor-oriented rental with long-term tenancy history and minimal vacancy, based on the information provided.
The address is 450 44th Street in Richmond, California (Contra Costa County). Public remarks indicate the property is located next to the freeway, providing access toward the East Bay and San Francisco.
The listing presents the asset as an investor-oriented rental with long-term tenancy history and minimal vacancy, based on the information provided.
Key Highlights
- Fourplex built in 1962 with separately metered units
- Each unit uses public water and public sewer
- Wall furnace heating
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 | $78.5k | $25.20 |
| − Vacancy | −$4.1k | −$1.31 |
| EGI | $74.4k | $23.89 |
| − OpEx | −$22.3k | −$7.17 |
| NOI | $52.1k | $16.72 |
3,114 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$743.9K
$650.9K – $867.9K
NOI $52,075 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$644.4K
$563.9K – $751.8K
NOI $45,110 @ 7.0% cap · market cap 6.83%
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
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four independently metered units in a residential income property with a total size of 3,114 square feet.
Where is this quadplex located?
The property is located at 450 44th Street Richmond, CA.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Fourplex built in 1962 with separately metered units; Each unit uses public water and public sewer; Wall furnace heating
