240 Duboce Avenue, Richmond, California 94801, Richmond, 94801 - 0 bed, 0 bath
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Richmond, California 94801
This Desirable Residential Income Quadruplex is listed at $988,000, offering a stable investment opportunity aligned with its $944,036 Fair Market Value. Boasting a Condition Rating of 3, the asset features four updated 2-bedroom units with Granite Kitchens, Laminate Flooring, and Double-Pane Windows. While served by Verde Elementary and Richmond High School, the property’s proximity to BART and AMTRAK and dedicated carports provide a major commuter advantage. This turnkey building is perfectly suited for 1031 Exchange Investors or Owner-Occupants seeking a high-quality house-hack to build long-term wealth.
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 | 2,560 | $369 | - |
A 219 Barrett Avenue Active | $899,900 List Price | 0 | 0 | 3,288 | $274 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant interior updates including granite countertops, laminate flooring, and double-pane windows. While the structure dates to 1962, the units have been well-maintained and renovated to a standard that requires no immediate capital expenditure, meeting the criteria for a well-functioning investment property.
This quadruplex is ideal for 1031 exchange investors or owner-occupants looking to house-hack, offering four 2-bedroom units to maximize rental income potential.
Strategically located near BART, AMTRAK, and major freeways (80/580), providing excellent connectivity to San Francisco, Oakland, and the North Bay.
Units feature durable laminate flooring, granite countertops, and double-pane windows, offering a move-in-ready appeal that minimizes immediate capital expenditures.
The property is served by schools with very low performance ratings (ranging from 1 to 3), which may deter families and impact long-term appreciation.
With only 2,560 total square feet for four units, the individual 2-bedroom layouts are relatively small, which could limit the ability to command premium market rents.
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 good 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, minutes to Kaiser Medical Center, Berkeley, North Bay, Napa Valley, Downtown San Francisco, Oakland and San Francisco International Airports and easy access to freeway 80 and 580.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,560 | - | 89% |
| Lot Size | 5,000 | 5,000 | 50% |
| Price | $988.0K | $690.0K | 78% |
| Price per sq ft | $386 | $0 | 89% |
| Built year | 1962 | 1939 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 184 | 11% |
Mar 17, 2026
$988,000
Initial Listing
May 14, 2019
$4,550,000
Public Record
Sep 24, 2004
$564,000
Public Record