Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high
2409 Standard Avenue . San Pablo , CA 94806
For sale 9 units Apartment building in Pablo , California. For more information please contact the listing agent, The Pinza Group info@pinzagroup.com (510) 725-4775
Posted: 10/29/2020 3:20 pm
| On HOMEiZ: 1282 days |
Updated: 3 years ago
| Views: 513
Location Map
Property Type
Sold
Property Price
$2090000
$2090000
07/15/2020
0.23
Acres
$378
5525
Contact listing agent%
0%
$0
$0
0.00
$0
0.871%
$18204
Property Location & Description
For sale 9 units Apartment building in Pablo , California. For more information please contact the listing agent, The Pinza Group info@pinzagroup.com (510) 725-4775
Non Rent Control
9 unit multifamily property in up and coming San Pablo, CA. 2409 Standard Ave presents a new or seasoned investor the opportunity to own a beautifully maintained nine unit apartment complex in the non rent controlled submarket of San Pablo. Upgrades to the property include newer model appliances, dual pane windows, new roof, solar powered water heater booster, and six remodeled units. The property also includes brand new coin operated on-site washer and dryer, and freshly paved private off-street parking with one assigned stall per unit. Additionally, new steel fencing has been installed around the perimeter of the property and a new remote-controlled rolling entrance gate has been installed for secured parking. The exterior of the property has fresh paint and new landscaping.
Property locate in an improving neighborhood in the core Bay Area, and realize further upside with improved rents and management. The property boasts a Walk Score of 74, meaning tenants can easily accomplish most errands on foot, with easy access to schools, groceries, services, and bus lines. Tenants also enjoy easy five minute access to Interstate 80.
9
$232222
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
1+1
1
505
2.
2+1
8
645
3.
4.
5.
4113010229
100%
1
1960/Renovated 2018
Very good
Nine Units Comprised of Eight 2bd/1bth and One 1bd/1bth Units-Many Fully Remodeled
Easily Achievable Market Rents Without Significant Rent Increases
New Remote-Controlled Rolling Entrance Gate for Secured Parking
Ample Parking, New Coin Operated Washer & Dryer, Lush/Mature Landscaping, and More
Freshly Painted Exterior, and Newly Paved & Striped Parking Lot
Property Information
Gated entry
Sewer
Sewer System (Public)
Parking
On-street
Assigned Parking
Parking Ratio:1.81/1,000 SF
Investment Overview
Investor
Energy Efficiency
No
No Data
N/A
N/A
No
No
No
No
Neighborhood lifestyle
Urban Core
More information
Listing Presented by
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