$1,600,000

1539 Humboldt Ave, San Pablo, CA 94806

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon5,998sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

1539 Humboldt Ave is an 5-unit, 100% occupied multifamily asset in San Pablo priced at $320,00 per unit. In-place rents average $2,190 per month against $2,250 market rent. The deal trades at a 5.3% in-place cap rate (12.12x GRM), with a 5.68% pro forma cap rate (11.54x GRM) once rents reach market. The unit mix is uniform: four 830-square-foot two-bedroom, one-bath residences, most with full-size washer/dryer hookups and one larger unit at 900-square feet. Built in 1970, the property sits on a 6,000 SF lot at the end of a cul-de-sac with 3,304 square feet of building and 7 surface parking spaces. The property has direct access to Interstate 880 and proximity to Interstate 580 and the Richmond-San Rafael Bridge, connecting the tenants to Richmond, El Cerrito, San Rafael, and the broader Bay Area. El Cerrito Del Norte BART is a 10-minute drive, putting San Francisco roughly an hour away by transit. Shopping, entertainment, schools and parks are all nearby.

Listing Status:
Active
Date Added:
August 23, 2026
Data Last Updated:
August 24, 2026 at 7:17AM
Listing Office:
GCM Realty & Loans : 925-602-1900
Listing Agent:
Maurice Carbajal : 510-387-7954
MLS ID:
41145950
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Parking spaces: 6
  • Roofing: Shingle
  • General: Stucco
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CCBE
  • County: Contra Costa
  • Zoning: 4170420022
  • Source: CRMLS_CCBE

This listing courtesy of Maurice Carbajal , GCM Realty & Loans

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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