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
19 Washington St
Bay Point, CA 94565
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.39 AC |
| Property Type | Multifamily | Building Size | 9,000 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1947 |
| Building Class | C | ||
| Zoning | P-1 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 9,000 SF |
| No. Stories | 1 |
| Year Built | 1947 |
| Zoning | P-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Porch
- Vinyl Flooring
ABOUT 19 WASHINGTON ST , BAY POINT, CA 94565
Marcus & Millichap is pleased to present 19-37 Washington Street in Bay Point, California. Constructed in 1947, this 12-unit property is comprised of four studio/one-bathroom, four one-bedroom/one-bathroom, and four two-bedroom/one-bathroom units. The site features off-street parking and a gated exterior. This is a value-add opportunity as the existing rents are low relative to the market; thus a new owner will be afforded the immediate opportunity to increase rents closer to market post-closing. Boosted by the broad-based economic upswing in the Bay Area, East Bay multi-family demand has risen in lockstep with the rest of the region. Continuous job creation and the desire for more affordability have pushed the metro vacancy rate to extremely low levels as tenants migrated eastward. The rising tide of demand has since prompted considerable supply pressures, which are beginning to weigh on top-line vacancy and rent improvement. ****CAP RATE IS PROFORMA
PROPERTY TAXES
| Parcel Number | 095-031-008-6 | Improvements Assessment | $568,276 |
| Land Assessment | $324,729 | Total Assessment | $893,005 |
PROPERTY TAXES
