# 203 Bissell Ave, Richmond, CA 94801 · The Rent Hacker

> 203 Bissell Ave, Richmond, CA 94801: the facts we verified and their sources, the assessor's roll and the tax bill a buyer would owe at this ask, all public. The paid underwrite adds the answer at cautious, expected and best-case rents and what would change it.

Canonical: https://therenthacker.com/property/rh-mm123r/203-bissell-ave/
Source: The Rent Hacker (https://therenthacker.com/). License: RSL, attribution required — https://therenthacker.com/license.xml

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Property overview

# 203 Bissell Ave, Richmond, CA 94801

Beats renting and index funds on our cautious numbers, with enough room to absorb a normal rent shortfall. This one passed our bar.

Iron Triangle, Richmond · SSA Frank Hagel Federal Building 0.9 mi

Analysis of 2026-09-02 · page updated 2026-10-09

Ask **$999,000** Beds / baths **12 / 6** Listed sqft **3,932** Units **4** Days on market **162** as of 2026-10-09 APN **538-190-021-5**

The underwrite

## What the $79 underwrite contains

## Your underwrite contains the full underwriting

The facts below are public, and so is every source behind them. What a buyer pays for is the answer and the working behind it.

Everything below is public. Your underwrite holds the answer and the working behind it: open it above.

-   Our answer at cautious, expected and best-case rents, side by side.
-   Every rent we used, and the registry cells it came from.
-   Tax reset arithmetic at this ask, with each parcel charge named.
-   How far rents can fall before the answer turns over.
-   What would change the answer.
-   What to demand in writing before you sign.

[Underwrite this building — $79](/lookup/?address=203%20Bissell%20Ave#underwrite) [Take the pass — $49/mo](/checkout/?tier=pass&r=eb)

Delivered within one business day. Every Bay Area 2–4 unit that beats renting and index funds, the week it lists.

Every Bay Area 2–4 unit that beats renting and index funds, the week it lists.

## Members: open the full underwrite

This building stood on a board, so the pass opens its underwrite. Sign in and this page hands you the whole thing.

Verification

## What we verified

Fact

Status

Source

4 units

corroborated

the public listing states it three ways (the unit chip, the Quadruplex subtype, and its prose naming one 4-bedroom/2-bath, two 4-bedroom/1-bath and one co-living unit); no county building record was read for this parcel, so the count rests on the listing alone

12 bedrooms, 6 baths, 3,932 sqft, built 1908

corroborated

our listing feed and the live listing agree on all four. Three 4-bedroom units account for the twelve bedrooms and four of the six baths, which leaves the co-living unit with two baths and no bedroom of record

Ask $999,000

verified

our 2026-09-02 listing-feed pull and the live listing read the same day carry the identical figure; the listing's own prose still opens with an offer at $1,150,000, the price it carried before the May cut

FY 2025-26 tax bill $18,837.58, both installments paid

verified

Contra Costa County Treasurer-Tax Collector secured-tax portal, bill 2025-356648, parcel 538-190-021-5, read 2026-09-02; the fourteen ad valorem lines sum to one cent above the county's stated total, a per-line rounding artifact the county's own bill carries, kept as printed

A tax figure of $21,235 on the listing overstates the county bill by $2,397

verified

the county bill totals $18,837.58 and the listing's own tax history shows $18,838 paid for 2025; only the listing's annual-tax field carries the larger number. The weekly board had floored this building's tax rate on that field; the measured bill lowers it

Assessed $981,652 for 2025 and $1,001,284 for 2026

verified

Contra Costa's bill carries $334,654 of land and $646,998 of improvements for 2025, and the listing's tax history shows the same figure with the 2% step to 2026

Show the other 5 checks

Fact

Status

Source

50% occupied; two units tenanted month to month, two vacant

stated

the public listing's prose ("currently 50% occupied") and its month-to-month lease-term field; it does not say which two units are tenanted, and no lease or rent roll was in evidence

In-place rents about 13% below market

stated

an estimate in the listing prose, with no rent stated for either tenancy

Separately metered gas and electric, master-metered water, coin-operated laundry

stated

prose and the laundry field on the public listing

Listed November 2025 at $1,199,000, raised to $1,223,888 in January, withdrawn in March, relisted April 30 at $1,150,000, cut to $999,000 on May 21; 125 days on market this episode

verified

price history on the public listing, read 2026-09-02

21 listing photos analyzed, no flags raised, gallery read by eye

verified

photo analysis pass on 2026-09-02 with the gallery reviewed by eye the same day; fifteen interior frames show two freshly renovated, empty units, and no frame shows the two occupied units, a furnace, a water heater or a meter bank

8 facts checked against a named source. 3 we could not settle. 10 open questions, written out in the underwrite.

Assessor

## What the roll says

Assessed value

$981,652

Tax rate area

08133

Rate used

1.91%

Tax bill at this ask

$14,229/yr

With parcel charges

$19,085/yr

A bill on the roll belongs to the seller. A sale resets the assessment, so the figure above is what a buyer at this ask would owe.

Community facilities district: none: the bill carries no Mello-Roos line; its only non-ad-valorem items are the eleven direct charges below, led by the city's sewer service charge

Standing

## Where this sat

On the East Bay board on August 26, 2026, September 2, 2026, September 9, 2026. It ranked #8 that week.

Next

## This is one row of the East Bay board.

The run of October 7, 2026 put every two-to-four-unit listing in East Bay through the same comparison. The rest of the board, losers and rejections included, is one page.

[See the East Bay board](/board/sf-east-bay/)

In our guide to house hacking Richmond: [Downtown / Iron Triangle / Point Richmond (94801)](/house-hacking/richmond-94801/) · [East Bay guide](/house-hacking/east-bay/)
