$1,250,000
$1,350,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
5,963 Sqft Lot
SOLD DATE : 09/30/2022
Key Details
Sold Price $1,250,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40997417
Sold Date 09/30/22
HOA Y/N No
Year Built 1961
Annual Tax Amount $15,916
Lot Size 5,963 Sqft
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
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description Corner Lot
Others
Tax ID 4101800136
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Bought with ETHAN BERGER MLSListingsX
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