This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1640 23rd St
San Pablo, CA 94806
20 UNITS- NO RENT CONTROL & All 2BR-2BA Units · Multifamily Property For Sale
·
20 Units
PROPERTY FACTS
| No. Units | 20 | Lot Size | 0.56 AC |
| Property Type | Multifamily | Building Size | 17,832 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1984 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Zoning | SP1 - 23rd St Spec. Plan | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 17,832 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | SP1 - 23rd St Spec. Plan |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Deck
- Dining Room
- Family Room
- Freezer
- Linen Closet
- Patio
SITE AMENITIES
- Controlled Access
- Fenced Lot
- Property Manager on Site
- Gated
ABOUT 1640 23RD ST , SAN PABLO, CA 94806
Tour Schedule: Thursday, April 11th - 11:00 AM - 12:00 PM Tuesday, April 16th - 11:00 AM - 12:00 PM Thursday, April 18th - 11:00 AM - 12:00 PM Tuesday, April 23rd - 11:00 AM - 12:00 PM Thursday, April 25th - 11:00 AM - 12:00 PM CBRE, Inc. is pleased to offer for sale, 1640 23rd Street, a 20-unit apartment building centrally located in the city of San Pablo, a currently non-rent controlled Bay Area market in West Contra Costa County. Built in 1984, this ±17,832 SF building is comprised of 20 large two-bedroom, two-bathroom units. All units are efficiently laid-out and feature fantastic in-unit amenities such as: a master suite, in-unit laundry hook-ups, a dining nook, a balcony/patio, dishwasher, garbage disposal, individual water heaters and forced air heating. The property also features a secured parking lot that contains 20 parking spaces, most of which are covered. 9 of the 20 units are occupied by section 8 tenants that are eligible for rent increases. There is also a vacant unit that a new owner can renovate and take advantage of current market rate rents. This opportunity provides investors with potential to increase the in-place NOI to 5.52% in short order.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 20 | $2,063 | - |
PROPERTY TAXES
| Parcel Number | 527-041-020-1 | Improvements Assessment | $1,563,941 |
| Land Assessment | $721,106 | Total Assessment | $2,285,047 |
PROPERTY TAXES
