$10,000 Closing Credit¹
#41083005, Robert Sutherland, Listing Office: Kingship Realty Group
#ML81986273·
Listing Office: Intero Real Estate Services·
Listing Agent: Alana Lam·
Listing Office Phone: (408) 342-3000
$10,000
closing credit¹
5801 Madison Ave Richmond, CA 94804
$999,950 List price
$10,000
Closing credit¹
2,714 sqft
0.1 acres
$368 / sqft
Multi-Family
Property details
About 5801 Madison Ave
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!
Highlights
Home typeQuadruplex
HeatingWall Furnace
StatusActive
Size2,714 sqft
Lot size0.1325 Acres
Year built1944
MLS #ML81986273
Summary
- MLS Number: ML81986273
- MLS Name: CRMLS
- Office Name: Intero Real Estate Services
- Office Phone: (408) 342-3000
- Office Email: jwible@interorealestate.com
- Listing Agent: Alana Lam
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$999,950
5801 Madison Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 16, 2021 | Home Sold | $1,050,000 |
| Aug 31, 2017 | Home Sold | $750,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,092,420 | $20,271 |
| 2023 | $1,071,000 | $19,725 |
| 2022 | $1,050,000 | $19,320 |
| 2021 | $788,383 | $15,566 |
| 2020 | $780,300 | $14,918 |
| 2019 | $765,000 | $14,053 |
| 2018 | $750,000 | $13,399 |
| 2017 | $714,000 | $4,166 |
History based on county public records data.
Nearby schools
2
Stege Elementary School
Public District KG-6
0.5 mi
•4949 Cypress Ave
4
Wilson Elementary School
Public District KG-6
0.7 mi
•7150 Portola Dr
4
Fairmont Elementary School
Public District KG-6
0.9 mi
•724 Kearney St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,979. The majority of Richmond, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
29%
<35k
50%
35k-100k
18%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
58%
Single, No Kids
10%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Art Museums
Music Concerts
Where do the neighbors shop?
Banana Republic
Bloomingdales
H&M
Where do the neighbors go to eat?
Jack In The Box
Starbucks
Chipotle
What do the neighbors drive?
Toyota
Audi
Volkswagen
What do the neighbors listen to?
Jazz
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 5801 Madison Ave in Richmond, CA and zip code 94804 in the Bay View Park neighborhood. This 2,714 square foot home, which was built in 1944, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $999,950.
While more than 9 listings in Richmond, CA in January 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 13 were sold below. Between December and January 2025, Richmond, CA real estate market has seen increase in the number of listings by 50%. In January 2025 median list price was $655,233 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.