Description
Cap rate - 4.48% | grm - 13.03 (current) + cap rate - 4.73% | grm - pro-forma 12.60 (proforma). the apartment features four (4) apartment units, two of which are 2 beds / 1 bath and the other two are studio units, as well as an owner-occupied commercial space. the owners went above and beyond showing pride in ownership construction and meticulous maintenance since it’s completion in 2001. a 4-car garage and 5-space parking lot as well as a coin-op laundry room provide additional income. newer construction helps keep costs low and insurance requests to a minimum. turn key investment with upside in rents but also in the potential conversion of the commercial space (tbd by buyer). finding an apartment in the predominantly single-family home suburbs of pinole is difficult, and one of newer construction is even more rare. walking distance to various restaurants, and a short drive to local establishments in nearby hercules, el sobrante, and other parts of pinole. a short drive provides quick access to highway 80 allowing easy connections to san francisco, berkeley, and oakland.
Property Type
Residential IncomeCounty
Contra CostaStyle
Residential IncomeAD ID
48944199
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Roof : Shingle
- Property Appliances: Gas Water Heater,Dryer,Washer
Cooling Features
- Air Conditioning
Heating Source
- Forced Air,Heat Pump
- Has Heating
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Exterior Features
Building Information
- Year Built: 2001
- Construction: Stucco
- Roof: Shingle
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1983
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 8640
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Listing Information
Listing Price Information
- Original List Price: 1,600,000
- Listing Contract Date: 2025-03-12
Lease Information
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Taxes / Assessments
Tax Information
- Parcel Number: 4021660248
- Annual Tax: 24846
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Directions: GPS Cross Street: Meadow Ave.
- Zoning: CMU
- Source Property Type: Residential Income
Building and Construction
- Property Age: 24
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 03/27/2025 @ 20:36
- MLS: 41089083
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 8,640 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pinole , in zip code 94564, this Contra Costa County Home , it is in the SUNNYVIEW COURTS Subdivision, are nearby neighborhoods.