1539 Humboldt Ave, San Pablo, CA 94806
1539 Humboldt Ave, San Pablo, CA 94806
1539 Humboldt Ave, San Pablo, CA 94806
1539 Humboldt Ave, San Pablo, CA 94806
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,600,000
Est. payment | /mo

3,304 SqFt


Save
$ 1,600,000
Est. payment | /mo
Save

3,304 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,304 sqft

Price per Sqft $484

Subdivision San Pablo Prop

MLS Listing ID 41145950

HOA Y/N No

Year Built 1960

Lot Size 6,000 Sqft

Acres 0.14

Property Sub-Type Multi Family

Property Description

1539 Humboldt Ave is a 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.

Location

State CA

County Contra Costa

Rooms

Basement None

Interior

Interior Features Storage

Heating Wall Furnace

Cooling None

Flooring Linoleum, Tile, Engineered Wood

Fireplace No

Appliance Disposal, Free-Standing Range, Refrigerator

Laundry Common Area, Dryer, Laundry Closet, In Unit, Washer, Washer/Dryer Hookups

Exterior

Utilities Available Individual Electric Meter

Total Parking Spaces 7

Building

Lot Description Rectangular Lot

Sewer Public Sewer

Water Water District

New Construction No

Others

Tax ID 4170420022

Bridge MLS
Listed by Maurice Carbajal • GCM Realty & Loans

Nearby Locations

GET MORE INFORMATION

Kenneth Jamaca
Kenneth Jamaca

Managing Broker | REALTOR License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

Name
Phone*
Message

Go tour this home

1539 Humboldt Ave