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
25-45 W 10th St
Pittsburg, CA 94565
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,574 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | R-3, Pittsburg | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 7,574 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1948 |
| Parking Ratio | 1.85/1,000 SF |
| Zoning | R-3, Pittsburg |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 25-45 W 10TH ST , PITTSBURG, CA 94565
Sale includes an adjacent lot consisting of 14 car park spaces totaling another 6250 sq ft on a separate parcel. Taken together, the total lot size is 12,500 sq. ft. Wonderful 10 Unit Apartment located near historic downtown Pittsburg and the Marina. Walk to downtown restaurants, parks, school and marina. Some downtown restaurants include the Mecca, CreAsians etc. A 15 minute Walk to Pittsburg Bart at Civic Center. Easy Access on Bart to San Francisco or anywhere in the Bay Area. Good unit mix. Some units have beautiful views of the marina in a distance. Solid tenant base with good tenants. Rents are below market. Very Good upside. Easy access to highway 4. Huge walk-in basement with individual shut off for water lines. Sale includes 25 W10th St, Pittsburg. This is an adjacent vacant lot of 14 car park spaces totaling another 6250 sq ft. APN 085-201-005-7. Taken together, the total lot size is 12,500 sq. ft. Most rents are below market. Actual gross income is $163,873. Pro Forma gross income is $204,937. Laundry income. Good cash flow. Cap rate at asking price is 6.72% actual and 7.89% pro forma. No rent control in Pittsburg. Please do not disturb tenants. Tenants do not know of sale. Fully occupied with no vacancies. Offer reviewed as it comes. Please submit all offers. Pre-escrow opened with Old Republic Title Company (Escrow # 1117019326 - Jennifer Hinkle) Please text or call Kyle 510-502-2288 for questions. Submit offers to platinumri@gmail.com
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $19,200 | 520 - 540 |
| 2+1 | 2 | $21,000 | 875 |
| 3+1 | 3 | $21,300 | 1,065 |
| Studios | 1 | $14,700 | 520 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,312,373 | |
| Land Assessment | $725,958 | Total Assessment | $2,038,331 |
PROPERTY TAXES
