524-526 1st St | Rodeo, CA 94572
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- LoopNet Team
524-526 1st St
Rodeo, CA 94572
Seller Fin. Avail-7 Unit Converted MF Complex · Multifamily Property For Sale · 7 Units
INVESTMENT HIGHLIGHTS
- Attractive Seller Financing: Owner open to seller financing with 40%+ down, 25 year amortization for a term of no longer than 3 years.
- Upside in Utility Separation: Most units have combined utility bills and are not being billed properly. RUBS can be implemented.
- Varying Unit Mix: (1) 3 bed / 1 bath, (3) 2 bed / 1 bath, (1) 1 bed / 1 bath, a non conforming studio and small occupied office.
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 4,942 SF |
| Property Subtype | No. Stories | 1 | |
| Apartment Style | Low-Rise | Year Built | 1949 |
| Building Class | C | Parking Ratio | 0.4/1,000 SF |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 4,942 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Parking Ratio | 0.4/1,000 SF |
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 222 |
| 1+1 | 1 | - | 395 |
| 2+1 | 3 | - | 538 - 875 |
| 3+1 | 1 | - | 1,892 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $433,833 | |
| Land Assessment | $270,966 | Total Assessment | $704,799 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$270,966
Improvements Assessment
$433,833
Total Assessment
$704,799
ZONING
| Zoning Code | M-2 / MU-2 (Downtown/WaterfrontRodeo Mixed Use District) |
| M-2 / MU-2 (Downtown/WaterfrontRodeo Mixed Use District) |
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