701 40Th StRichmond, CA 94805

Multi-Family · 0.11 Acres
$999,995 Active

701 40Th St Overview

Time on Site:
42 days
Visits:
0

Exceptional Multifamily Investment Opportunity – Fully Occupied 4-Plex Near I-80 & BART Discover a rare opportunity to own a fully occupied fourplex in a highly desirable commuter-friendly location with strong rental demand and excellent long-term investment potential. New roof, new exterior paint and new windows. This income-producing multifamily property features four spacious 1-bedroom, 1-bathroom units, making it an ideal addition to any real estate investment portfolio. Conveniently located near Interstate 80, BART, public transportation, schools, shopping centers, restaurants, and downtown amenities, this property attracts quality tenants seeking convenience, accessibility, and comfortable living. Each unit offers functional layouts with updated kitchens, refrigerators, laundry hookups, and ample living space designed for everyday comfort. Tenants also enjoy the convenience of private garage parking plus additional onsite parking, a highly sought-after feature that increases rental appeal and tenant retention. The property has been well maintained, and all units are currently occupied by reliable tenants with a strong history of on-time rent payments, providing immediate and stable cash flow for investors from day one.

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701 40Th St Facts & Features

  • Type Multi-Family
  • Lot 0.11 Acres

Details

General

Building Information

  • Year Built: 1948

Location/Region

  • County Or Parish: Contra Costa
  • Postal City: RICHMOND
  • Subdivision Name: CENTRAL RICHMOND

Rent/Lease Information

  • Tenant Pays: Gas

General Information

  • Disclosures: Rent Control
  • Listing Terms: Cash,Conventional
  • Parcel Number: 5180200122
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes

Interior

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Appliances: Gas Water Heater
  • Cooling: No
  • Flooring: Carpet,Laminate,Tile

Exterior

Parking Information

  • Parking Features: Garage,On Street
  • Parking Total: 4.0

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1148
  • Lot Size Area: 5000.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 5000.0
  • Lot Size Units: Square Feet

Building Exterior/Construction

  • Construction Materials: Stucco

General Information

  • Number Of Units Total: 4

701 40Th St Neighborhood

Community

94805 (Richmond) Demographics

42
Median Age
7,207
Population Density (per sq. mile)
51%
College Educated
$89,443
Estimated Median Income
3,834
Estimated Total Home Owners
1,616
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

701 40Th St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

701 40Th St Market Data

Based on the last 30 days in this zip code

$711,654
Average List Price
$540
Average Price per Square Foot
12
Properties Sold
74
Average Days on Market
42
Properties for Sale
Calculations provided by Reliance Network

701 40Th St History

Date Event Value Agent
5/18/2026Source: CRMLS Added to Database
May 18, 2026
1/2/2023Source: CRMLS Added to Database
January 02, 2023
Listing provided courtesy of Mardel Realty & Loans Inc.Doris De Leon- MLS# 41135209MLS ProviderContact Information: 510-799-8808
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