Properties

1318 California Avenue, San Pablo CA 94806

$ 3,190,000
  • Property is Sold
  • Property Type: Multi-family

Property Description

  • Excellent unit mix
  • (15) 2×1 and (1) 3×1
  • Large units with many modern updates
  • Excellent collections history – stable tenant profile
  • 4.7% CAP on current rent with great upside
  • 6.9% CAP on market rents
  • No rent control in San Pablo
  • Central Contra Costa location with great access to Interstates 580 and 80
  • Property is well-parked and completely gated
  • On-site laundry facility
  • Low maintenance grounds and building
  • Individually metered for gas and electric
  • 1318 California Avenue, San Pablo CA 94806
  • Originally constructed in 1965
  • Wood frame and stucco construction
  • Sold at $3,190,000
  • ¬†

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