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Listed by Ethan Berger • NAI Northern California
$5,900,000
Est. payment /mo
17,832 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 17,832 sqft
Price per Sqft $330
Subdivision San Pablo Villa
MLS Listing ID 41139267
HOA Y/N No
Year Built 1984
Lot Size 0.559 Acres
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
Well-maintained multifamily investment opportunity featuring an attractive assumable loan (approx. $3.5M balance at 3.95% fixed through Dec. 2029), extensive recent capital improvements, and a highly desirable unit mix of spacious 2-bedroom, 2-bathroom apartments. Recent upgrades include new siding and trim, fresh exterior paint, enhanced landscaping, and renovated units with updated kitchens, baths, flooring, lighting, appliances, and window improvements. Residents enjoy in-unit laundry hookups, forced-air heating, dishwashers, private patios/balconies, and gated covered parking. Centrally located in San Pablo with convenient access to Richmond BART, Contra Costa College, I-80, and major East Bay employment centers. Strong occupancy, reduced near-term capital needs, and no local rent control ordinance provide excellent operational flexibility and long-term growth potential.
Location
State CA
County Contra Costa
Interior
Heating Forced Air
Cooling None
Flooring Laminate, Linoleum, Tile
Fireplace No
Appliance Dryer, Washer
Building
Lot Description Corner Lot
Water Public, Water District
Others
Special Listing Condition Standard
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