$5,900,000

1640 23rd St, San Pablo, CA 94806

  • 17,832 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon0.56acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $331/sqft
  • Property List Date Icon Listed 12 days ago

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.

Listing Status:
Active
Date Added:
June 23, 2026
Data Last Updated:
July 5, 2026 at 1:08PM
Listing Office:
NAI Northern California : 510-336-4712
Listing Agent:
Ethan Berger : 925-588-9740
MLS ID:
41139267
  • Appliances: DryerWasherGas Water Heater
  • Basement: None
  • Flooring: LaminateLinoleumTile
  • A/C: None
  • Heating: Forced Air
  • Parking: Carports - 2 Or MoreCoveredAssignedPrivate
  • General: FrameWood Siding
  • County: Contra Costa
  • Zoning: 5270410201
  • Utilities: All UtilitiesIndividual Electric MeterIndividual Gas Meter
  • Water: PublicWater District
  • Sewer: Public Sewer

This listing courtesy of Ethan Berger , NAI Northern California

Monthly Payment

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

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