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36 Alan Ct
San Pablo, CA 94806
4-Unit Multifamily Located in San Pablo Hills · Multifamily Property For Sale
·
4 Units

PROPERTY FACTS
| No. Units | 4 | Building Size | 3,120 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1962 |
| Apartment Style | Garden | Parking Ratio | 1.28/1,000 SF |
| Lot Size | 0.20 AC |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.20 AC |
| Building Size | 3,120 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.28/1,000 SF |
ABOUT 36 ALAN CT , SAN PABLO, CA 94806
NAI Northern California is pleased to present 36 Alan Ct a 4-unit multifamily property in a prime NON-RENT CONTROL San Pablo location. The property is ideal for value-add investors with potential rental upside of 40% or greater and a pro-forma cap rate of 6.35%. Because it is under 5 units it also qualifies for residential financing allowing for a 30-year fixed loan at historically low interest rates providing significant cash flow long term. The property features all 2 bedroom 1 bathroom units, each with private enclosed balcony, 1 covered and 1 open parking stalls, on-site coin-operated laundry facility, and all units are individually metered for PG&E. The property is located in the San Pablo Hills less than 2 minutes north-east of the San Pablo Dam Rd on and off ramps to I-80 and 10 minutes from the El Cerrito Del Norte BART Station providing tenants with a number of convenient commuting options to the major employment centers of the Bay Area. Additionally, major retailers, Starbucks, McDonalds, Walgreens, Raley’s Supermarket, Wells Fargo, Bank of America, Citi Bank, Jack in the Box, Taco Bell, Denny’s and Casino San Pablo are all within 5 minutes of the property.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 420-051-035-4 | Improvements Assessment | $683,285 |
| Land Assessment | $341,638 | Total Assessment | $1,024,923 |
PROPERTY TAXES
Listing ID: 15716458
Date on Market: 4/12/2019
Last Updated:
Address: 36 Alan Ct, San Pablo, CA 94806
The Multifamily Property at 36 Alan Ct, San Pablo, CA 94806 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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