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Listed by Ethan Berger, DRE #01868467 • NAI Northern California
$ 5,900,000
Est. payment /mo
New
1640 23rd St San Pablo, CA 94806
17,832 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 17,832 sqft
Price per Sqft $330
MLS Listing ID EB41139267
Year Built 1984
Lot Size 0.559 Acres
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
Well-maintained multifamily investment opportunity featuring an attractive assumable loan (approx. $3.5M balance at 3.95% fixed through Dec. 2029), extensive recent capital improvements, and a highly desirable unit mix of spacious 2-bedroom, 2-bathroom apartments. Recent upgrades include new siding and trim, fresh exterior paint, enhanced landscaping, and renovated units with updated kitchens, baths, flooring, lighting, appliances, and window improvements. Residents enjoy in-unit laundry hookups, forced-air heating, dishwashers, private patios/balconies, and gated covered parking. Centrally located in San Pablo with convenient access to Richmond BART, Contra Costa College, I-80, and major East Bay employment centers. Strong occupancy, reduced near-term capital needs, and no local rent control ordinance provide excellent operational flexibility and long-term growth potential.
Location
State CA
County Contra Costa
Area San Pablo Proper
Interior
Heating Forced Air
Cooling None
Flooring Laminate, Linoleum, Tile
Laundry Washer, Dryer
Exterior
Exterior Feature Siding - Wood , Wood Frame
Parking Features Assigned Spaces
Garage Spaces 24.0
Building
Water Heater - Gas
Others
Tax ID 527-041-020-1
Special Listing Condition Not Applicable
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