815 San Pablo Ave, Pinole, CA 94564

Local realty services provided by:ERA Excel Realty
815 San Pablo Ave,Pinole, CA 94564
$1,600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:davide pio
Office:bcre
MLS#:41089083
Source:CRMLS

Price summary

  • Price:$1,600,000

About this home

Cap Rate - 4.48% | GRM - 13.03 (Current) vs Cap Rate - 4.73% | GRM - 12.60 (Proforma). The apartment features four (4) apartment units, two of which are 2 beds / 1 bath and the other two are studio units, as well as an owner-occupied commercial space. The owners went above and beyond showing pride in ownership construction and meticulous maintenance since it’s completion in 2001. A 4-car garage and 5-space parking lot as well as a coin-op laundry room provide additional income. Newer construction helps keep costs low and insurance requests to a minimum. Turn key investment with upside in rents but also in the potential conversion of the commercial space (tbd by buyer). Finding an apartment in the predominantly single-family home suburbs of Pinole is difficult, and one of newer construction is even more rare. Walking distance to various restaurants, and a short drive to local establishments in nearby Hercules, El Sobrante, and other parts of Pinole. A short drive provides quick

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Home facts

  • Year built:2001
  • Listing ID #:41089083
  • Added:197 day(s) ago
  • Updated:September 26, 2025 at 10:47 AM

Heating and cooling

  • Heating:Forced Air, Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:2001
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$1,600,000
  • Tax amount:$24,846
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