1225 Fred Jackson Way Richmond, CA 94801
Estimated payment $4,998/month
About This Home
Unlock the full potential of this massive 4plex in the heart of Richmond. Boasting a substantial 3,462 sq. ft. of living space on a 5,000 sq. ft. lot, 1225 Fred Jackson Way offers the rare scale and "good bones" that seasoned investors look for. This classic 1923 build features a highly desirable unit mix consisting of three spacious 2 bedroom, 1 bathroom units and one 2 bedroom, 1.5 bathroom unit. With each of the four units averaging an impressive 750 to 850 sq. ft., the property serves as a versatile canvas for a full renovation to maximize market rents or a strategic "buy and hold" for consistent cash flow. Bring your contractor and your vision to this structural powerhousea true value-add gem ready for its next chapter.
Property Details
Home Type
- Multi-Family
Year Built
- 1923
Parking
- 2 Car Attached Garage
- 5 Carport Spaces
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
Interior Spaces
- 3,462 Sq Ft Home
- 2-Story Property
Utilities
- Heating System Uses Gas
Listing and Financial Details
Community Details
Overview
Building Details
- 4 Leased Units
- Insurance Expense $2,900
- Trash Expense $2,400
- Operating Expense $11,100
- Gross Income $60,960
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,889 | $145,982 | $49,166 | $96,816 |
| 2024 | $5,575 | $143,120 | $48,202 | $94,918 |
| 2023 | $5,575 | $140,314 | $47,257 | $93,057 |
| 2022 | $5,417 | $137,564 | $46,331 | $91,233 |
| 2021 | $5,286 | $134,868 | $45,423 | $89,445 |
| 2019 | $5,050 | $130,870 | $44,077 | $86,793 |
| 2018 | $4,769 | $128,305 | $43,213 | $85,092 |
| 2017 | $4,541 | $125,790 | $42,366 | $83,424 |
| 2016 | $4,346 | $123,325 | $41,536 | $81,789 |
| 2015 | $4,191 | $121,474 | $40,913 | $80,561 |
| 2014 | $4,117 | $119,095 | $40,112 | $78,983 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | For Sale | $850,000 | -- | $246 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $95,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Quit Claim Deed | -- | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $55,000 | Purchase Money Mortgage |
Source: MLSListings
MLS Number: ML82037291
APN: 561-152-008-0
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