Property Details
About this Property
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.
MLS Listing Information
MLS #
CC41089083
MLS Source
Contra Costa Association of Realtors
Days on Site
15
Interior Features
Appliances
Dryer, Washer
Flooring
Other
Cooling
Ceiling Fan, Central -1 Zone
Heating
Forced Air, Heat Pump
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Detached, Enclosed, Guest / Visitor Parking, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Zoning
CMU
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 0 | 0/0 | $1,800 | – | – |
| 2 | – | 0 | 0/0 | $1,700 | – | – |
| 3 | – | 2 | 0/0 | $2,300 | – | – |
| 4 | – | 2 | 0/0 | $2,250 | – | – |
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
815 San Pablo Ave is a Residential Income in Pinole, CA 94564. This 4,588 square foot property sits on a 8,640 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,600,000 and was built in 2001. This address can also be written as 815 San Pablo Ave, Pinole, CA 94564.
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This listing information is up-to-date as of March 19, 2025. For the most current information, please contact Davide Pio, (510) 815-2000
