1507 Humboldt Ave, San Pablo, CA 94806
12 Unit Apartment Building | $1,850,000 ($154,167/Unit) | 9.19% Cap Rate | San Pablo, CA 94806
For Sale
Active
Asking Price $1,850,000
- Property Type
-
Multifamily
- Square Feet
- 7,900 SF
Listing Contacts
- Property Info
Property Overview
WOW beautiful investment property. Is this hard to believe? Just run the numbers. The city of San Pablo does not have rent control but might entertain in the future. 12/ 2.Bedrooms 1. Bath units with 4 garages and 7. Carports. Grow rents are $170,100. Annual expenses are $61,466.17. 6% capitalization rate. Gross rent multiplier is 10.8. Disclaimer: The attached information provided has not been verified and cannot be guaranteed. Please reach out to me in regarding a breakdown of the expenses. MLS only lets me add details for five units. Unit 6 2/1 $1250 Unit 7 2/1 $1175, Unit 8 2/1 $1200 Unit 9 2/1 $1500 Unit 10 2/1 $1325 Unit 11 2/1 $0 (Property Manager) Unit 12 2/1 $1,225. Escrow company WFG National Title Insurance Company. Title officer Melannie Steeley. File number 24-135749
Property Details
- Class
- C
- Year Built
- 1972
- Stories
- 2
- Lot Size (sq. ft)
- 12,197 SF
- Units
- 12
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