Bought with Terryan McDowell • ATM Real Estate
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1507 Humboldt Avenue San Pablo, CA 94806
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Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 9,914 sqft
Price per Sqft $191
MLS Listing ID 41060123
Sold Date 08/28/24
HOA Y/N No
Originating Board CONTRA COSTA
Year Built 1972
Lot Size 0.280 Acres
Property Description
WOW beautiful investment property. Is this hard to believe? Just run the numbers. The city of San Pablo does not have rent control but might entertain in the future. 12/ 2.Bedrooms 1. Bath units with 4 garages and 7. Carports. Grow rents are $170,100. Annual expenses are $61,466.17. 6% capitalization rate. Gross rent multiplier is 10.8. Disclaimer: The attached information provided has not been verified and cannot be guaranteed. Please reach out to me in regarding a breakdown of the expenses. MLS only lets me add details for five units. Unit 6 2/1 $1250 Unit 7 2/1 $1175, Unit 8 2/1 $1200 Unit 9 2/1 $1500 Unit 10 2/1 $1325 Unit 11 2/1 $0 (Property Manager) Unit 12 2/1 $1,225.
Location
State CA
County Contra Costa
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Exterior
Parking Type Other
Building
Lot Description Other
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