1640 23rd St, San Pablo, CA 94806

Sqft
17,832

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Listed byNAI Northern California
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
17,832
Lot size (acres)
0.56
Year built
1984

Interior features

Laundry
In Unit

Utilities

Heating
Forced Air
Cooling
None
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Bay East Association of REALTORS MLS®#: 41139267 Last checked:

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