Investment signal

$449,000

1280 4380 NO.3 ROAD

Beds

Baths

Sqft

Year

1992

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Investors alert!! Central/Prime location Richmond No 3 Road. Ideal future development property. New higher development taking place around. Great future redevelop potential and holding value. Please do not disturb tenants. (id:65958)

Subtype
Multi-family
Living area
521 square feet
On market
Apr 16, 2026
Status changed
Apr 17, 2026
Annual tax
$0
Zoning
CA
Photos
1
MLS#
C8077930
Area
RICHMOND
Negative cash flow ~$771/mo at these assumptions

Cash on cash

-10.30%

Cap rate

3.83%

GRM

15.6

Break-even rent

$3,211

Financing

Down payment$89,800
Loan amount$359,200
Mortgage$2,204/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$206
Insurance$80
Maintenance$374
CapEx reserve$187
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Richmond. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,204/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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