1640 23rd St, San Pablo, CA, CA 94806

$5,900,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$5,900,000
Status
ACTIVE
MLS#
41139267
County
Contra Costa
Year Built
1984
Square Feet
24,360
Days on Market
39
Property Type
Multifamily
Neighborhood
San Pablo Villa

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.

Additional Information

Parcel Number
5270410201
Lot Features
Corner Lot
Appliances
Gas Water Heater, Dryer, Washer
Heat
Forced Air
Cooling
Yes
Exterior Construction
Wood Siding

Listing courtesy of Listing Agent: Ethan Berger (ethan@nainorcal.com) from Listing Office: NAI Northern California.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.