400 Bissell Ave, Richmond, California 94801, Richmond, 94801 - 0 bed, 0 bath
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Richmond, California 94801
This Turnkey Quadruplex represents a High-Potential Investment Opportunity, listed at $1,300,000. While priced slightly above the $1,262,037 Fair Market Value, the property offers immediate stability through its Condition Rating of 2 and fully remodeled interiors. Featuring modern stainless steel appliances, in-unit laundry, and individual utility metering, this asset is optimized for cash flow. With two units currently vacant, it provides a rare house-hacking or immediate rental upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, income-generating property in Richmond.
Turnkey 4-unit investment property in Richmond, CA. Fully remodeled quadruplex with modern finishes, in-unit laundry, and 2 vacant units for immediate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Bissell Ave Subject | $1,300,000* List Price | 0 | 0 | 3,550 | $356 | - |
A 1317 Garvin Ave Active | $1,100,000 List Price | 0 | 0 | 3,594 | $306 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1919, the property is described as a fully remodeled, turnkey quadruplex. The interior images show modern flooring, fresh paint, and updated fixtures, while the description confirms sleek stainless steel appliances and updated systems including individual meters and in-unit laundry hookups. The exterior features recent siding repairs and fresh paint, qualifying it as a high-quality recent renovation.
The property is fully remodeled with modern finishes, stainless steel appliances, and a freshly painted exterior, allowing for immediate occupancy and reduced initial capital expenditure.
With two units currently vacant, an investor can immediately capture market-rate rents, while individual gas and electric meters simplify expense management and improve net operating income.
The inclusion of in-unit washer/dryer hookups and two dedicated tandem parking spaces per unit provides a significant competitive advantage in the local rental market.
The assigned public schools carry low ratings (ranging from 1 to 4), which may deter long-term family tenants and impact the property's future appreciation potential.
Originally constructed in 1919, the property may possess underlying structural or systemic components that require more frequent maintenance compared to newer builds, despite recent cosmetic renovations.
Welcome to 400 Bissell Avenue, a beautifully remodeled four-unit property offering the perfect blend of immediate income and upside potential. Situated on an oversized corner lot with a spacious backyard, this turnkey investment features a desirable mix of one 4-bedroom/2-bath, two 3-bedroom/1.5-bath, and one 2-bedroom/1-bath unit — all fully remodeled with modern finishes, including sleek stainless steel appliances in the kitchens. Each unit offers the comfort and convenience tenants love: in-unit washer/dryer hookups, two tandem parking spaces per unit, and individual gas and electric meters for easy expense management. The exterior has been freshly painted with recent siding repairs, giving the whole property fantastic curb appeal.With two units currently vacant, an investor or owner-occupant has a rare chance to step in and set rents at full market value from day one. Whether you're growing your portfolio or looking for house-hacking potential, 400 Bissell Ave is a must-see.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,550 | 2,872 |
| Lot Size | 5,600 | 5,450 |
| Price | $1.30M | $812.9K |
| Price per sq ft | $366 | $379 |
| Built year | 1919 | 1936 |
| HOA | $0 | $0 |
| Days on market | 2 | 72 |
Jul 21, 2026
$1,300,000
Initial Listing
Dec 11, 2018
$740,000
Public Record
Sep 3, 2015
$480,000
Public Record