Adolfo Rios Sr.
Bcre
(341) 766-0073
20 Total Sales
4 in North & East
$530K - $670K Price Range
701 40th St Richmond, CA 94805
North & East Neighborhood
4
Beds
4
Baths
2,430
Sq Ft
5,000
Sq Ft Lot
Highlights
- Corner Lot
- Tile Flooring
- Wood Fence
- No HOA
- Garage
- 3-minute walk to Solano Playlot
About This Home
As of September 2026Exceptional 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.
Last Agent to Sell the Property
Mardel Realty & Loans Inc. License #01294590 Listed on: 05/18/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 5,000 Sq Ft Lot
- Wood Fence
- Corner Lot
Home Design
- Quadruplex
- Composition Roof
- Stucco
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- Garage
- Front Facing Garage
- Off-Street Parking
Utilities
- Wall Furnace
- Gas Water Heater
Community Details
- No Home Owners Association
- Central Richmond Subdivision
Listing and Financial Details
- Assessor Parcel Number 5180200122
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2026
Closed on
Aug 26, 2026
Sold by
John Hom and Hom Virgina Y
Bought by
Seller's Agent
Doris De Leon
Mardel Realty & Loans Inc.
Buyer's Agent
Shalene Rose
Corcoran Icon Properties
List Price
$999,995
Sold Price
$990,000
Premium/Discount to List
-$9,995
-1%
Views
95
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$619,000
Outstanding Balance
$619,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$374,499
Purchase Details
Listed on
Nov 1, 2021
Closed on
Dec 7, 2021
Sold by
Townsend F David F and Townsend Mary Jo
Bought by
Hom John and Hom Virginia Y
Seller's Agent
Jan Orsi
Better Homes Realty
Buyer's Agent
Doris De Leon
Mardel Realty & Loans Inc.
List Price
$995,500
Sold Price
$965,000
Premium/Discount to List
-$30,500
-3.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Purchase Details
Closed on
Mar 12, 2021
Sold by
Townsend F David F and Townsend Mary Jo
Bought by
Townsend F David F and Townsend Mary Jo
Purchase Details
Closed on
Dec 17, 2020
Sold by
Kennedy Townsend F and Kennedy Mary Jo
Bought by
Townsend Frank David and Townsend Mary Jo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2013
Sold by
Townsend F David
Bought by
Townsend F David and Townsend Mary Jo Kennedy
Purchase Details
Closed on
May 19, 2006
Sold by
Townsend F David
Bought by
Townsend F David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North & East, CA
-
Adolfo Rios Sr.
-
Ropey Trujillo
Ropey Trujillo
Realty One Group Future
(510) 984-9544
28 Total Sales
3 in North & East
$510K - $595K Price Range
-
SU MEI WU
SU MEI WU
Responds QuicklyCompass
(650) 410-2557
106 Total Sales
1 in North & East
$737,000 Price
-
TANIA BALAZS JACARD
TANIA BALAZS JACARD
Red Oak Realty
(510) 495-1339
83 Total Sales
9 in North & East
$430K - $780K Price Range
-
Martha Park
Martha Park
Better Homes And Gardens Rp
(628) 213-7201
46 Total Sales
1 in North & East
$825,000 Price
-
Susan Gao
Susan Gao
Compass
(628) 250-4678
58 Total Sales
1 in North & East
$840,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $965,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Mortgage Information Svcs In | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Interfamily Deed Transfer | -- | Financial Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $366,000 | New Conventional | |
| Previous Owner | $455,000 | Negative Amortization |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/02/2026 09/02/26 | Sold | $990,000 | -1.0% | $407 / Sq Ft | |
| 08/15/2026 08/15/26 | Pending | -- | -- | -- | |
| 05/18/2026 05/18/26 | For Sale | $999,995 | +3.6% | $412 / Sq Ft | |
| 02/04/2025 02/04/25 | Off Market | $965,000 | -- | -- | |
| 12/10/2021 12/10/21 | Sold | $965,000 | -3.1% | $397 / Sq Ft | View Prior Sale |
| 11/10/2021 11/10/21 | Pending | -- | -- | -- | |
| 11/01/2021 11/01/21 | For Sale | $995,500 | -- | $410 / Sq Ft |
Source: Contra Costa Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $19,334 | $1,044,544 | $649,458 | $395,086 |
| 2025 | $19,334 | $1,024,064 | $636,724 | $387,340 |
| 2024 | $18,474 | $1,003,986 | $624,240 | $379,746 |
| 2023 | $18,474 | $984,300 | $612,000 | $372,300 |
| 2022 | $18,082 | $965,000 | $600,000 | $365,000 |
| 2021 | $10,264 | $426,470 | $150,654 | $275,816 |
| 2019 | $9,588 | $413,823 | $146,187 | $267,636 |
| 2018 | $9,216 | $405,710 | $143,321 | $262,389 |
| 2017 | $8,947 | $397,756 | $140,511 | $257,245 |
| 2016 | $8,755 | $389,957 | $137,756 | $252,201 |
| 2015 | $8,623 | $384,100 | $135,687 | $248,413 |
| 2014 | $8,260 | $360,000 | $127,100 | $232,900 |
Source: Public Records
Agents Affiliated with this Home
-
Doris De Leon
Seller's Agent in 2026
Doris De Leon
Mardel Realty & Loans Inc.
(510) 289-5103
2 in this area
23 Total Sales
-
Shalene Rose
Buyer's Agent in 2026
Shalene Rose
Corcoran Icon Properties
(510) 381-3117
2 in this area
26 Total Sales
-
Jan Orsi
Seller's Agent in 2021
Jan Orsi
Better Homes Realty
(510) 541-5776
1 in this area
32 Total Sales
Map
Source: Contra Costa Association of REALTORS®
MLS Number: 41135209
APN: 518-020-012-2
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Bay East ©2026. BridgeMLS ©2026, CCAR ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, BridgeMLS or CCAR MLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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