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$ 1,825,000
Est. payment | /mo
8,751 Sqft Lot
$ 1,825,000
Est. payment | /mo
8,751 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41107632
HOA Y/N No
Year Built 1965
Annual Tax Amount $25,315
Lot Size 8,751 Sqft
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
Fireplace No
Appliance Gas Water Heater
Others
Tax ID 4120410024
Listed by Ropey Trujillo Realty ONE Group Future