815 San Pablo Ave, Pinole, CA 94564
815 San Pablo Ave, Pinole, CA 94564,Video Tour
815 San Pablo Ave, Pinole, CA 94564
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Chris & Michelle Mardelli

Chris & Michelle Mardelli

+1(626) 215-4105
$1,600,000
Est. payment /mo
8,637 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41089083

HOA Y/N No

Year Built 2001

Annual Tax Amount $24,846

Lot Size 8,637 Sqft

Property Description

Cap Rate - 4.48% | GRM - 13.03 (Current) vs Cap Rate - 4.73% | GRM - 12.60 (Proforma). The apartment features four (4) apartment units, two of which are 2 beds / 1 bath and the other two are studio units, as well as an owner-occupied commercial space. The owners went above and beyond showing pride in ownership construction and meticulous maintenance since it's completion in 2001. A 4-car garage and 5-space parking lot as well as a coin-op laundry room provide additional income. Newer construction helps keep costs low and insurance requests to a minimum. Turn key investment with upside in rents but also in the potential conversion of the commercial space (tbd by buyer). Finding an apartment in the predominantly single-family home suburbs of Pinole is difficult, and one of newer construction is even more rare. Walking distance to various restaurants, and a short drive to local establishments in nearby Hercules, El Sobrante, and other parts of Pinole. A short drive provides quick access to Highway 80 allowing easy connections to San Francisco, Berkeley, and Oakland.

Location

State CA

County Contra Costa

Zoning CMU

Interior

Heating Forced Air, Heat Pump

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Roof Type Shingle

Total Parking Spaces 9

Building

Lot Description Corner Lot

Others

Tax ID 4021660248

Virtual Tour https://my.matterport.com/show/?m=XohKtkqxKES&brand=0&mls=1&

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Listed by Davide Pio BCRE #01522969
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Chris & Michelle Mardelli

Broker Associate License ID: 01834969

+1(626) 215-4105 | chris@therealupside.com

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815 San Pablo Ave

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