815 San Pablo Ave
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815 San Pablo Ave
4 Unit Apartment Building $1,800,000 ($450,000/Unit) Pinole, CA 94564
Investment Highlights
- Meticulously maintained mixed-use property in turnkey condition
- 9-foot ceilings, large patios or decks, a fresh coat of paint, and refreshed, low-maintenance landscaping
- Great access to nearby parks and walking trails
- Attractive unit mix consisting of (1) office and (4) residential units
- Conveniently close to the quaint downtown Pinole and less than 3 miles to the Pinole Vista Shopping Center
- Easy access to major interstates makes this a great location for commuters
Executive Summary
Lee & Associates is excited to present an amazing opportunity to purchase a 5-unit MIXED-USE property at 815 San Pablo Avenue in Pinole, a charming town in the East Bay. This turnkey property was built in 2001 by the owners with the utmost attention to detail and includes (1) commercial space (942 SF) and (4) residential units. It also features (4) individual garages, (6) surface-level parking spaces, 9-foot ceilings, on-site coin-operated laundry, and low-maintenance landscaping with a new coat of paint.
The property’s central location in Pinole provides easy access to public transportation and major roads and proximity to schools, parks, and shopping centers. With a robust rental market and potential for future development, it is an attractive option for individuals and families seeking a thriving community. This is an excellent opportunity for an owner-user or investor to acquire a high-quality mixed-use property in a prime East Bay location.
The property’s central location in Pinole provides easy access to public transportation and major roads and proximity to schools, parks, and shopping centers. With a robust rental market and potential for future development, it is an attractive option for individuals and families seeking a thriving community. This is an excellent opportunity for an owner-user or investor to acquire a high-quality mixed-use property in a prime East Bay location.
Property Facts
| Price | $1,800,000 | Building Class | B |
| Price Per Unit | $450,000 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 4,588 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2001 |
| Property Subtype | Apartment | Parking Ratio | 2.18/1,000 SF |
| Apartment Style | Low Rise |
| Price | $1,800,000 |
| Price Per Unit | $450,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 4,588 SF |
| No. Stories | 2 |
| Year Built | 2001 |
| Parking Ratio | 2.18/1,000 SF |
Unit Amenities
- Balcony
- Washer/Dryer Hookup
- Ceiling Fans
- Tile Floors
- Office
- Patio
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $1,700 | 427 |
| Studios | 2 | $2,250 | 927 - 974 |
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PROPERTY TAXES
| Parcel Number | 402-166-024-8 | Improvements Assessment | $727,933 |
| Land Assessment | $274,410 | Total Assessment | $1,002,343 |
PROPERTY TAXES
Parcel Number
402-166-024-8
Land Assessment
$274,410
Improvements Assessment
$727,933
Total Assessment
$1,002,343
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