815 San Pablo Ave, Pinole, CA 94564
Multi-Family Home 
Built in 2001 
8,638sqft lot
—— car garage 
$——/sqft 
Listed 1 year 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
- Data Last Updated:
- May 20, 2026 at 7:16AM
- Listing Office:
- BCRE : 510-222-0900
- Listing Agent:
- Davide Pio : 510-815-2000
- MLS ID:
- 41089083
- Parking: Parking spaces: 9
- Roofing: Shingle
- General: Stucco
- HOA Amenities: 0.0
- Originating MLS: CRMLS_CCBE
- County: Contra Costa
- Zoning: CMU4021660248
- Source: CRMLS_CCBE
This listing courtesy of Davide Pio , BCRE
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
