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Listed by Ropey Trujillo • Realty ONE Group Future
$1,825,000
Est. payment /mo
6,925 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,925 sqft
Price per Sqft $263
MLS Listing ID 41107632
HOA Y/N No
Year Built 1965
Lot Size 8,750 Sqft
Property Sub-Type 5 or More Units
Source CONTRA COSTA
Property Description
8-Unit San Pablo apartment building featuring (8) 2-bedroom, 1-bath units, all currently generating strong cash flow. The property offers approximately 6,925 square feet of rental space along with 6 single-car attached garages. It is efficiently managed, with each unit individually metered for PG&E, resulting in minimal annual operating expenses. Additionally, the property includes an on-site coin-operated washer and dryer area, a secured security gate, and a fenced lot. There is additional income from 5 leased attached garages. Unit 8 is currently vacant and has been completely remodeled from wall to wall with permits. Upgrades include new kitchen cabinets, countertops, stove, refrigerator, carpet, tile flooring, bathroom, fixtures, mirrored closets, dual-pane windows, blinds, sheetrock, electrical, wall heater, and fresh paint. The exterior exhibits minimal deferred maintenance. The property is conveniently located near public transportation, shopping centers, schools, Kaiser Medical Center, Richmond Marina, and offers easy access to I-580, I-80 freeways, and the Richmond ferry terminal.
Location
State CA
County Contra Costa
Interior
Heating Natural Gas, Wall Furnace, MultiUnits
Cooling Ceiling Fan(s)
Flooring Linoleum, Partial Carpeting
Fireplace No
Appliance Built-In Range, Refrigerator
Laundry Coin Operated, Common Area, Laundry Equip - Leased
Building
Lot Description Rectangular Lot, Front Yard, Paved, Security Gate
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