25-45 W 10th St | Pittsburg, CA 94565
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25-45 W 10th St
Pittsburg, CA 94565
No City Rent Control | 10.2 ROI | 6.3% Cap · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Assumable Financing: Outstanding 10.2% cash-on-cash return with a fixed 3.82% interest-only loan, locked until October 1, 2031
- Adjacent parking lot included, providing convenience for tenants
- Additional income from on-site laundry facilities
- Great unit mix: 3 bed/1bath, 2 bed/1bath, 1 bed/1bath, and studios
- Separately metered for PG&E, offering efficiency and control
- Proximity to public transportation and major roadways for convenience
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
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 520 - 540 |
| 2+1 | 2 | - | 875 |
| 3+1 | 3 | - | 1,065 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,312,373 | |
| Land Assessment | $725,958 | Total Assessment | $2,038,331 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$725,958
Improvements Assessment
$1,312,373
Total Assessment
$2,038,331
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