1539 Humboldt Ave, San Pablo, CA 94806
Local realty services provided by:ERA Carlile Realty Group
1539 Humboldt Ave,San Pablo, CA 94806
$1,600,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: maurice carbajal
Office: gcm realty & loans925-602-1900
MLS#:41145950
Source:CRMLS
Price summary
- Price:$1,600,000
About this home
1539 Humboldt Ave is a 5-unit, 100% occupied multifamily asset in San Pablo priced at $320,00 per unit. In-place rents average $2,190 per month against $2,250 market rent. The deal trades at a 5.3% in-place cap rate (12.12x GRM), with a 5.68% pro forma cap rate (11.54x GRM) once rents reach market. The unit mix is uniform: four 830-square-foot two-bedroom, one-bath residences, most with full-size washer/dryer hookups and one larger unit at 900-square feet. Built in 1970, the property sits on a 6,000 SF lot at the end of a cul-de-sac with 3,304 square feet of building and 7 surface parking spaces. The property has direct access to Interstate 880 and proximity to Interstate 580 and the Richmond-San Rafael Bridge, connecting the tenants to Richmond, El Cerrito, San Rafael, and the broader Bay Area. El Cerrito Del Norte BART is a 10-minute drive, putting San Francisco roughly an hour away by transit. Shopping, entertainment, schools and parks are all nearby.
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Home facts
- Year built:1960
- Subdivision & Development:SAN PABLO PROP
- Listing ID #:41145950
- Added:65 day(s) ago
- Updated:October 28, 2026 at 12:01 PM
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Shingle
- Year built:1960
- Lot area:0.14 Acres
- Construction Materials:Stucco
Finances and disclosures
- Price:$1,600,000
- Tax amount:$18,618
Parking
- Total parking spaces:6
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