240 Duboce Avenue, Richmond, California 94801, Richmond, 94801 - 0 bed, 0 bath
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Richmond, California 94801
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $988,000—positioned well above the $921,370 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, boasting modern Granite Kitchen Countertops, Laminated Flooring, and Double-Panned Windows. With four units providing immediate rental income potential and a convenient commuter location near BART and I-80, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 Duboce Avenue Subject | $988,000* List Price | 0 | 0 | 2,650 | $348 | - |
A 219 Barrett Avenue Active | $879,900 List Price | 0 | 0 | 3,288 | $268 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the property has undergone significant renovations including granite countertops, laminate flooring, and double-pane windows. The units are described as being in great condition and move-in ready, suggesting a renovation within the 5-15 year range.
This four-unit quadruplex offers excellent versatility for 1031 exchange investors or owner-occupants looking to offset their mortgage with rental income from three additional units.
The units feature attractive updates including granite countertops, laminated flooring, and energy-efficient double-pane windows, reducing immediate capital expenditure for a new owner.
Ideally situated with easy access to I-80 and I-580, and proximity to BART and Amtrak, making it a highly desirable location for tenants commuting to San Francisco, Oakland, or Berkeley.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2650, other record living area = 2560.
The property is served by local schools with low performance ratings (ranging from 1 to 3), which may impact long-term appreciation and appeal to families with school-aged children.
Originally constructed in 1962, the building may require ongoing maintenance or upgrades to core systems like plumbing and electrical that are typical for properties of this vintage.
Desirable Four Unit Income Residential Building in Richmond! Perfect for savvy investors, 1031 exchangers or first-time homebuyers looking to live in one unit and collect rent income from the other units. Each unit has two bedrooms and one bathroom. Units are in great condition: Laminated flooring throughout, granite kitchen countertops, double-panned windows. Each unit has its own carport parking. Property is conveniently located: Close to Schools, Supermarkets, Farmers Market, Restaurants, Shops, Public Transportation: AMTRAK and BART, a few miles from Point Pinole Regional Shoreline Richmond, minutes to Kaiser Medical Center, UC Berkeley, North Bay, Napa Valley, Downtown San Francisco, Oakland and San Francisco International Airports, easy access to freeway 80 and 580. This property can be YOURS.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 1.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,650 | 2,872 |
| Lot Size | 5,000 | 5,450 |
| Price | $988.0K | $812.9K |
| Price per sq ft | $373 | $379 |
| Built year | 1962 | 1936 |
| HOA | $0 | $0 |
| Days on market | 7 | 72 |
Jul 16, 2026
$988,000
Initial Listing
May 14, 2019
$4,550,000
Public Record
Sep 24, 2004
$564,000
Public Record