Investment signal

$449,000

1280 4380 NO.3 ROAD

Save this home

Beds

Baths

Sqft

Year

1992

Type

Multi-family

Suite

Investment signal

Location 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.

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 ~$387/mo at these assumptions

Cash on cash

-5.17%

Cap rate

3.83%

GRM

15.6

Break-even rent

$2,807

Financing

Down payment$89,800
Loan amount$359,200
Mortgage$1,820/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: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $1,820/mo at 4.5% with 20% down, 30-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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