1855 Oak Park Blvd

3 Unit Apartment Building $1,350,000 ($450,000/Unit) Pleasant Hill, CA 94523

INVESTMENT HIGHLIGHTS

  • Upscale Area - by Poets Corner at Walnut Creek Border
  • Long-term Tenants with 8% annual rent increases - rents are currently below market
  • Drive-by is ok - please do not disturb Tenants - Write Offers "Subject to Buyers Inspections"
  • Walk to Pleasant Hill Elementary and Pleasant Hill Middle Schools
  • Homes in this area are $1-million to $2.5-million
  • Pest Control and Property Inspections are available

EXECUTIVE SUMMARY

Location, location, location - homes in this part of town sell in the $1-million to $2.5-million range ... RENTS - about $4,800 per month in rent for all three units - with annual 8% increases ... this building has lots of potential upside. All three Tenants have been here for over 10-years. Pest Control and Property Inspections are available.

PROPERTY FACTS

Price $1,350,000
Price Per Unit $450,000
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Building Size 3,375 SF
No. Stories 2
Year Built 1965
Bike Score®
Very Bikeable (89)
  • Listing ID: 34584989

  • Date on Market: 1/23/2025

  • Last Updated:

  • Address: 1855 Oak Park Blvd, Pleasant Hill, CA 94523