Welcome to one of the best investment opportunities on the market! This quality four-plex features, you've guessed it, FOUR outstanding one-bed, one-bath units, each with its own gas and electric meters. Located down the street from El Cerrito City Hall, this property sits at a prime, yet quiet location, with easy access to shops, restaurants, freeways, and public transportation...an excellent attraction for great tenants. Whether you want to own your first investment property or you are a seasoned investor wanting to add another quality property to your portfolio, this is the right choice for you. Make this incredible four-plex yours today!
For sale
$999,950
5801 Madison Ave, Richmond, CA 94804
--beds
--baths
2,714sqft
Est.:
Quadruplex,
Built in 1944
-- sqft lot
$1,016,700 Zestimate®
$368/sqft
$-- HOA
What's special
Outstanding one-bed one-bath unitsPrime yet quiet location
- 173 days
- on Zillow |
- 325 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 11:48am
Listed by:
Alana Lam 01049403 408-981-6012,
Intero Real Estate Services
Source: MLSListings Inc,MLS#: ML81986273

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Kitchen
- Features: Countertop_Granite, Hookups_Gas
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Oven/Range, Refrigerator, Washer/Dryer Some Units
Features
- Flooring: Carpet, Laminate, Tile, Vinyl Linoleum
Interior area
- Total structure area: 2,714
- Total interior livable area: 2,714 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Features
- Stories: 2
Lot
- Size: 5,770 Square Feet
- Features: Paved
Details
- Parcel number: 5090900118
- Zoning: r2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex,
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1944
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: Richmond
Financial & listing details
- Price per square foot: $368/sqft
- Tax assessed value: $1,092,420
- Annual tax amount: $20,271
- Date on market: 11/10/2024
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: Building, Land, MajorTenants, OvenRangeAllUnits
- Lease term: Month To Month
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