1640 23rd St, San Pablo, CA 94806
- $5,900,000
- 17,832
- SqFt
- List Price
- $5,900,000
- Status
- ACTIVE
- MLS#
- 41139267
- Year Built
- 1984
- Property Type
- 5 Or More Units
- Living Area
- 17,832
- Lot Size
- 24,360
- Acres
- 0.56
- County
- Contra Costa
- Subdivision
- San Pablo Villa
Property Description
Well-maintained multifamily investment opportunity featuring an attractive assumable loan (approx. $3.5M balance at 3.95% fixed through Dec. 2029), extensive recent capital improvements, and a highly desirable unit mix of spacious 2-bedroom, 2-bathroom apartments. Recent upgrades include new siding and trim, fresh exterior paint, enhanced landscaping, and renovated units with updated kitchens, baths, flooring, lighting, appliances, and window improvements. Residents enjoy in-unit laundry hookups, forced-air heating, dishwashers, private patios/balconies, and gated covered parking. Centrally located in San Pablo with convenient access to Richmond BART, Contra Costa College, I-80, and major East Bay employment centers. Strong occupancy, reduced near-term capital needs, and no local rent control ordinance provide excellent operational flexibility and long-term growth potential.
Additional Information
- Appliances
- Dryer, Washer
- Exterior
- Frame, Wood Siding
- Flooring
- Laminate, Linoleum, Tile
- Lot Description
- Corner Lot
- Parking Features
- Carports - 2 Or More, Covered, Assigned, Private
- Roof
- Bitumen
- Water Sewer
- Public, Water District
Mortgage Calculator
Listing courtesy of Ethan Berger from NAI Northern California. 925-588-9740
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