815 San Pablo Ave, Pinole, CA 94564
Multi-Family Home 
Built in 2001 
8,638sqft lot
—— car garage 
$——/sqft 
Listed 3 months ago
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.
- Listing Status:
- Active
- Date Added:
- March 12, 2025 at 05:00AM
- Listing Office:
- BCRE : 510-222-0900
- Listing Agent:
- Davide Pio : 510-815-2000
- MLS ID:
- 41089083
- Appliances: Gas Water HeaterDryerWasher
- A/C:
- Heating: Forced AirHeat Pump
This listing courtesy of Davide Pio, BCRE
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Shannon Elementary School
685 Marlesta Rd, Pinole, CA, 94564
Grades KG-6
0.41 miles away
Pinole Middle School
1575 Mann Dr, Pinole, CA, 94564
Grades 7-8
0.60 miles away
Pinole Valley High School
2900 Pinole Valley Rd, Pinole, CA, 94564
Grades 9-12
1.53 miles away
