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701 Alamo Ave, 
Richmond, CA 94801

$998,000


10

Beds


Bath


2,928

Sq Ft


Multi-Family

Active

Listed by

Jatin Mehta

Kite Hill Real Estate

855-450-0442

Last updated:

November 10, 2025, 04:06 PM

MLS#

41116669

Source:

CA BRIDGEMLS

About This Home

701 Alamo Ave

To access marketing package copy/paste: https://bit.ly/kitehillre. 701 Alamo Avenue presents an exceptional opportunity to acquire a well-maintained four-unit investment property offering strong and stable cash flow. The building generates $10,000 per month in rent, translating to an annual gross income of $120,000, providing immediate and consistent returns for investors seeking reliable performance in a growing submarket. The property features a desirable and balanced unit mix with (2) two-bedroom, one-bath units and (2) three-bedroom, one-bath units, appealing to a wide range of tenants. With 2,928 square feet of total living area situated on a 5,000-square-foot lot, each unit averages over 700 square feet of comfortable, well-proportioned living space — a rare combination of size and efficiency that supports strong tenant retention. Situated on a prime corner lot, the property benefits from excellent street presence, abundant natural light, and convenient access. It is also ideally located directly across from Shields-Reid Park, which is nearing completion of an $8 million renovation. The revitalized park will feature new recreation facilities and community spaces, further enhancing neighborhood appeal and long-term value for residents and investors alike.

Home Facts

Multi-Family

10 Bedrooms

Built in 1948

Price Summary

998,000

$340 per Sq. Ft.

MLS #:

41116669

Last Updated:

November 10, 2025, 04:06 PM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

10

Interior

Living Area:

2,928 Sq. Ft.


Structure

Structure

Architectural Style:

Quadruplex

Building Area:

2,928 Sq. Ft.

Year Built:

1948


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$998,000

Price per Sq. Ft:

$340 per Sq. Ft.

Source:CA BRIDGEMLS
The information being provided by BRIDGEMLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 BRIDGEMLS All rights reserved.

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