$885,000
$800,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
5,000 Sqft Lot
SOLD DATE : 12/16/2022
Key Details
Sold Price $885,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41012280
Sold Date 12/16/22
HOA Y/N No
Year Built 1964
Lot Size 5,000 Sqft
Property Description
San Pablo’s 2810 10th Street is an unconventional listing from the standpoint that all of its four units are occupied with tenants paying below market rent. However, that means this investment opportunity is one that comes with major long-term upside—especially considering the city of San Pablo doesn’t institute rent control. Asking only $800K, this property includes a secure, gated entry to ensure tenants feel safe at all times, onsite laundry facilities, and dedicated, 1-to-1 parking places for each of the four units (something not all multifamily properties in the area offer). Other advantages to this property include its proximity to critical employers such as Contra Costa College, and exceptional greenspaces such as Pinole Point Regional Park. This “nearness” to outdoor space and key employers makes it likely that 2810 10th Street will remain a popular choice with prospective renters for years to come
Location
State CA
County Contra Costa
Interior
Heating Natural Gas, Wall Furnace
Flooring Tile, Vinyl, Wood
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features Covered, Garage, On Street
Total Parking Spaces 4
Building
Lot Description Front Yard
Sewer Public Sewer
Others
Tax ID 412080025
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Bought with Parmjit Singh • Better Homes and Gardens RP