Four-Unit Multifamily
For Sale
$998,000
457 S 18th St, Richmond, CA 94801
Each residence offers a private garage, patio, separate utility meters, and laundry hookups.
Property Size3,652 SF
Price / SF$273.27
Days on Market102
Property Features for 457 S 18th St
General Information
Standard status
Active
Size
3,652 SF
Total Parking Spaces
4
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Multifamily Units
4
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$14,952
Amenities
private patio
laundry hookups
Building Details
Buildings
1
Listing Agency:
Kinetic Real Estate
(650) 753-7169
Listed By:
Giovani Franco · License #01947016
(650) 296-3880
Source:
Exprealty
Added: Jul 5
Changed: Oct 13
Last Checked: Oct 13 at 12:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kinetic Real Estate
Investment Insights
Based on property information with market context.
This four-unit multifamily property contains 3,652 square feet and provides a practical configuration for residential income ownership. Every unit is equipped with its own garage, patio, and laundry hookups, giving residents dedicated parking, outdoor space, and in-unit laundry connections. Water, electricity, and gas are separately metered for each residence.
The property is located at 457 S. 18th Street in Richmond, near neighborhood shopping, dining, schools, parks, and other daily services. AC Transit bus service is accessible nearby, while the Richmond BART and Amtrak transportation hub provides additional regional connections. Interstate 580 and Interstate 80 offer access across the East Bay, San Francisco, Marin County, and the broader Bay Area.
The property is located at 457 S. 18th Street in Richmond, near neighborhood shopping, dining, schools, parks, and other daily services. AC Transit bus service is accessible nearby, while the Richmond BART and Amtrak transportation hub provides additional regional connections. Interstate 580 and Interstate 80 offer access across the East Bay, San Francisco, Marin County, and the broader Bay Area.
Key Highlights
- Four‑unit multifamily property totaling 3,652 square feet
- Private garage and patio provided for every unit
- Separate meters for water, electricity, and gas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,071
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,221,420
$1.2M
Cap Rate 7%
$872,443
$872.4K
Cap Rate 9%
$678,567
$678.6K
Market Conditions
NOI Build-Up for 3,652 SF
Gross rent
$92.0K $25.20/SF
− Vacancy
−$4.8K −$1.31/SF
EGI
$87.2K $23.89/SF
− OpEx
−$26.2K −$7.17/SF
NOI
$61.1K $16.72/SF
Area
Richmond, CA
Vacancy
5.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,221,420
Cap Rate 7%
$872,443
Cap Rate 9%
$678,567
Alternative Uses
Best Use
Multifamily LT 5
$872.4K
$763.4K – $1.02M
NOI $61,071 @ 7.0% cap · market cap 6.12%
Second Best
Apartment 5plus
$755.8K
$661.3K – $881.7K
NOI $52,903 @ 7.0% cap · market cap 5.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
Explore this area
Business Placement
Demographics for 94801, CA
33,486
Population
11,012
Households
3
Avg Household Size
34
Median Age
19%
College-Educated
69%
High-School Grad
11.5 sq mi
ZIP Area
2,912
Density / Sq Mi
$75,786
Median Household Income
$40,435
Median Earnings
$1,608
Median Rent
$593,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence offers a private garage, patio, separate utility meters, and laundry hookups.
Where is this quadplex located?
The property is located at 457 S 18th St Richmond, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Four‑unit multifamily property totaling 3,652 square feet; Private garage and patio provided for every unit; Separate meters for water, electricity, and gas
