815 San Pablo Ave new Save Request In-Person Tour Request Virtual Tour
Pinole,CA 94564
Key Details
Property Type Multi-Family
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,588 sqft
Price per Sqft $348
MLS Listing ID CC41089083
Bedrooms 4
Year Built 2001
Lot Size 8,640 Sqft
Property Sub-Type Five or More Units
Property Description
Cap Rate - 4.48% | GRM - 13.03 (Current) vs Cap Rate - 4.73% | GRM - 12.60 (Proforma). The apartment features four (4) apartment units, two of which are 2 beds / 1 bath and the other two are studio units, as well as an owner-occupied commercial space. The owners went above and beyond showing pride in ownership construction and meticulous maintenance since it's completion in 2001. A 4-car garage and 5-space parking lot as well as a coin-op laundry room provide additional income. Newer construction helps keep costs low and insurance requests to a minimum. Turn key investment with upside in rents but also in the potential conversion of the commercial space (tbd by buyer). Finding an apartment in the predominantly single-family home suburbs of Pinole is difficult, and one of newer construction is even more rare. Walking distance to various restaurants, and a short drive to local establishments in nearby Hercules, El Sobrante, and other parts of Pinole. A short drive provides quick access to Highway 80 allowing easy connections to San Francisco, Berkeley, and Oakland.
Location
State CA
County Contra Costa
Area Other Area
Zoning CMU
Interior
Heating Forced Air,Heat Pump
Cooling Ceiling Fan,Central -1 Zone
Flooring Other
Laundry In Laundry Room,Laundry Facility - Coin-Op,Washer,Dryer
Exterior
Exterior Feature Stucco
Parking Features Detached Garage,Enclosed,Guest / Visitor Parking
Garage Spaces 9.0
Roof Type Composition
Building
Sewer Sewer - Public
Water Public,Heater - Gas
Others
Special Listing Condition Not Applicable
Virtual Tour https://my.matterport.com/show/?m=XohKtkqxKES&brand=0&mls=1&