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This multifamily property at 203 Bissell Avenue in Richmond is available for sale, offering a practical addition for investors focused on stable residential income. The apartment building comprises four units and currently reflects an 8.9% cap rate. Situated within the East Bay, the property benefits from the regional connectivity of the San Francisco Bay Area, an area noted for its robust employment base and consistent demand for housing. Given the configuration and unit count, this asset serves as an ideal entry-level acquisition for private investors or those managing small-scale residential portfolios. The location provides access to major transportation arteries and urban amenities typical of this established suburban market, supporting long-term tenant appeal. Prospective buyers seeking value-add potential or stabilized cash flow within a high-demand housing sector will find the scale and metrics of this building align well with current investment objectives in the California market.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.