1640 23rd St, San Pablo, CA 94806
- $5,795,000
- List Price
- $5,795,000
- Price Change
- ▼ $105,000 1788321269
- Status
- ACTIVE
- MLS#
- 41139267
- Year Built
- 1984
- Lot Size
- 24,360
- Acres
- 0.56
- Lot Location
- Corner Lot
- Days on Market
- 99
- Property Type
- Multifamily
- Neighborhood
- 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.
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Additional Information
- Appliances
- Gas Water Heater, Dryer, Washer
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- None
- Exterior Construction
- Wood Siding
- Attached Structure
- Detached
- Number Of Units Total
- 20
Listing courtesy of Listing Agent: Ethan Berger (ethan@nainorcal.com) from Listing Office: NAI Northern California.
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