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2100 Pine Ave
San Pablo, CA 94806
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Huge Potential Upside - On average current rents are $1,000+ below market. Potential revenue growth of $72,000 annually.
- All units individually metered PG&E, the grounds & structure, with limited capital expenditures, will require very limited ongoing maintenance.
- Strong Market Fundamentals – Current rent growth for the sub-market is 4.4% with a vacancy rate of 3.1%.
- Desirable Unit Mix - All units have the same spacious, highly desirable, 2 bedroom 1 bath floorplan.
- Easy access to surrounding retailers and restaurants, 82/100 from WalkScore. Richmond BART and I 80 are also within a short distance.
Property Facts
| No. Units | 6 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,554 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Zoning | R-3, San Pablo | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,554 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R-3, San Pablo |
Amenities
Unit Amenities
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Double Pane Windows
- Freezer
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $2,100 | 755 |
Property Taxes
| Parcel Number | 410-180-013-6 | Improvements Assessment | $689,785 |
| Land Assessment | $636,724 | Total Assessment | $1,326,509 |
Property Taxes
Parcel Number
410-180-013-6
Land Assessment
$636,724
Improvements Assessment
$689,785
Total Assessment
$1,326,509
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