San Pablo, CA 94806,2100 Pine Avenue

$1,250,000

Est. payment /mo

$1,350,000

7.4%
Est.Price: ?

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2100 Pine Avenue San Pablo, CA 94806

4,554 SqFt

SOLD DATE : 09/30/2022

Key Details

Sold Price $1,250,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,554 sqft

Price per Sqft $274

MLS Listing ID 40997417

Sold Date 09/30/22

HOA Y/N No

Year Built 1961

Lot Size 5,965 Sqft

Acres 0.14

Property Description

True value add investment property with 100%+ potential upside. Consists of six 2-bedroom 1 bathroom units and is located in the heart of the city of San Pablo. All units are individually metered for PG&E and feature, assigned parking stall, steel entry doors, dual pane vinyl windows, electric oven/range, refrigerator, gas wall furnace and tiled kitchen, dining area, bathroom and hallway with wall to wall carpeting in the bedrooms and living areas. Tenants also enjoy access to an on-site coin-operated laundry facility, generating additional income, which also houses the central water heater for the property. Current rents are on average $1,000+ per month under market, by increasing in-place rents to market value a new owner would increase revenue by $72,000+ annually.

Location

State CA

County Contra Costa

Rooms

Basement None

Interior

Heating Wall Furnace

Cooling None

Flooring Partial Carpeting, Tile

Fireplace No

Laundry Coin Operated

Exterior

View Y/N false

View None

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 4101800136

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Bridge MLS
Listed by Ethan Berger • NAI Northern California
Bought with EthanBerger
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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