701 Alamo Ave, Richmond, CA 94801

• 10 beds
• 2,928 sqft

Property Description

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.

Listing Status:

Active

Date Added:

November 4, 2025 at 06:00AM

Listing Office:

Kite Hill Real Estate : 855-450-0442

Listing Agent:

Jatin Mehta : 510-878-6800

MLS ID:

41116669

Interior

• Basement: None
• Flooring: Wood
• A/C: Other
• Heating: Natural Gas

Exterior

• Parking: Tandem

Construction

• General: Stucco

Location

• County: Contra Costa

Lot

• Zoning: 5612520162
• Fencing: Fenced

Utilities

• Utilities: Cable TVWired ForIndividual Electric MeterIndividual Gas Meter

This listing courtesy of Jatin Mehta, Kite Hill Real Estate