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1100 Amador St

5 Unit Apartment Building $1,475,000 ($295,000/Unit) 6.01% Cap Rate San Pablo, CA 94806

INVESTMENT HIGHLIGHTS

  • Ideal unit mix of (5) 2Bed/1Bath units
  • 80% vacant
  • Off-street parking for all units

EXECUTIVE SUMMARY

1100 Amador Street in San Pablo, CA, presents a rare opportunity for investors seeking a well-maintained
asset in a great location. The property comprises five upgraded two-bedroom units,
each thoughtfully renovated to provide modern amenities with high-quality finishes. These
upgrades ensure that the property remains competitive in the rental market.
In addition to the appealing unit mix, the property offers excellent parking amenities, including
ample off-street parking for all units. This feature is a significant advantage in San Pablo, where
parking is often at a premium. The combination of easy off-street access enhances the property’s
appeal to a broad range of renters, ensuring high occupancy rates and steady rental income.
San Pablo is widely recognized as one of the most desirable locations in Contra Costa County.
Known for its vibrant culture, world-class educational institutions, and thriving culinary and arts
scenes, San Pablo attracts a diverse population of students, professionals, and families. The city’s
proximity to major tech hubs, excellent public transportation, and scenic outdoor spaces only
add to its allure. This demand for housing in San Pablo continues to drive rental prices upward,
making it a prime location for real estate investment.
The property’s location in such a coveted area significantly enhances its value and investment
potential. With San Pablo’s strong rental demand and limited housing supply, this property is
well-positioned to provide consistent returns. Its desirable location, combined with the recent
upgrades and superior parking amenities, ensures that it will remain attractive to tenants for
years to come, offering investors both stability and growth in a competitive market.

PROPERTY FACTS

Price $1,475,000
Price Per Unit $295,000
Sale Type Investment
Cap Rate 6.01%
Gross Rent Multiplier 11.52
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.13 AC
Building Size 3,426 SF
Average Occupancy 95%
No. Stories 2
Year Built 1958
Parking Ratio 0.8/1,000 SF

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 5 - 685

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
418-051-016-8
Land Assessment
$112,999
Improvements Assessment
$263,686
Total Assessment
$376,685

ZONING

Zoning Code R6, San Pablo
R6, San Pablo
  • Listing ID: 34573480

  • Date on Market: 1/22/2025

  • Last Updated:

  • Address: 1100 Amador St, San Pablo, CA 94806

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