4840 San Pablo Dam Rd - Apartments FOR SALE


El Sobrante, CA 94803
$3,875,000 USD
310-704-3616
4840 San Pablo Dam Rd, El Sobrante, CA for Sale
$3,875,000 USD
Apartments - FOR SALE
1/47
null | Request Cap Rate

4840 San Pablo Dam Rd
El Sobrante, CA 94803


HIGHLIGHTS

  • Trust Sale
  • Courtyard style apts
  • 5 buildings
  • market rent upside potential
  • rent growth 24 vs 25
  • no rent control

OVERVIEW

Trust Sale -. Aeolis Court apartments is excellently located about 20 miles northwest of San Francisco. While El Sobrante is a predominantly residential area, it is accessible to numerous retailers in the Pinole Vista Shopping Center and Hilltop Mall in addition to a variety of thrift stores and restaurants scattered along San Pablo Dam Road. Aeolis Court features (5) studios, (4) 1+1 units and (7) 2+2 units, carpet or laminate flooring, appliances, heating, kitchen, range. Rental apartments in El Sobrante are not covered by rent control because Contra Costa County does not have rent control. However, Contra Costa County is subject to California state rent and eviction regulations. Rental upside through strategic renovations of units and operational efficiencies. average 864 square feet. The property will be sold in as is condition, seller will not make any repairs. any units which are vacant now will remain vacant at close of escrow. Seller will not vacate any tenants. Limited disclosures will be provided. Buyer to execute specific trust addendum. All offers to include POF and lender approval letter.

FOR SALE DETAILS

PRICE

$3,875,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

5

PRICE/UNIT

$775,000

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trust Sale - Aeolis Court 16 unit Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

435-070-006,435-070-006-0

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.