San Pablo, CA 94806,5405 Morrow Dr

$6,250,000

Est. payment /mo

$6,595,000

5.2%
Est.Price: ?

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5405 Morrow Dr San Pablo, CA 94806

20,414 SqFt

SOLD DATE : 08/23/2023

Key Details

Sold Price $6,250,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 20,414 sqft

Price per Sqft $306

MLS Listing ID 41028739

Sold Date 08/23/23

HOA Y/N No

Year Built 1962

Lot Size 0.911 Acres

Acres 0.92

Property Description

www.5405Morrow.com; Bay Vista Apartments; 31 Spacious Units with a Desirable Unit Mix of (26) 2bd/1bth and (5) 1bd/1bth; 8.65% Current Cap & 100% Occupied with Fully Paying Tenants; 8.71 Current GRM; Tremendous Value Add Opportunity & Significant Upside to Investor with No City Rent Control; On Site Coin Operated Laundry, Security Gate, & 42 Parking Spaces; Large Open Area Perfect for ADU's; Loan Options Available at High LTV & 5.25% Interest; Perfectly Located with Easy Access to Dining, Commute Options, I-80, and BART; Email Agent on Website For Complete Marketing Package & Tour Information.

Location

State CA

County Contra Costa

Area San Pablo Proper

Rooms

Basement Other

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Exterior

Utilities Available Other Water/Sewer

Building

Lot Description Other

Water Other

New Construction No

Others

Tax ID 420054014

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Bridge MLS
Listed by Steven Pinza • The Pinza Group, Inc
Bought with DavidHowarth

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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