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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

701 40th St, Richmond – $999,995

  • 4 Beds
  • 4 Baths
  • .11 Acres
  • 91 DOM
  • 4 Beds
  • 4 Baths
  • .11 Acres
  • 91 DOM

701 40th St

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.

Essential Information

  • MLS® #41135209
  • Price$999,995
  • Bedrooms4
  • Bathrooms4.00
  • Acres0.11
  • Year Built1948
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusActive

Community Information

  • Address701 40th St
  • SubdivisionCENTRAL RICHMOND
  • CityRichmond
  • CountyContra Costa
  • Zip Code94805

Amenities

  • Parking Spaces4
  • ParkingGarage, On Street
  • GaragesGarage, On Street

Interior

  • InteriorCarpet, Laminate, Tile
  • AppliancesGas Water Heater
  • HeatingWall Furnace

Exterior

  • ExteriorStucco
  • Lot DescriptionCorner Lot
  • ConstructionStucco

Additional Information

  • Date ListedMay 18th, 2026
  • Days on Market91

Listing Details

  • AgentDoris De Leon
  • OfficeMardel Realty & Loans Inc.
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Doris De Leon, Mardel Realty & Loans Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of August 17th, 2026 at 9:26pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.