2518 Manchester Ave new

San Pablo,CA 94806

$ 1825000

- Bed

- Bath

6925 SqFt


Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,925 sqft

Price per Sqft $263

MLS Listing ID 41107632

Year Built 1965

Lot Size 8,750 Sqft

Property Sub-Type 5 or More Units

Property Description

8-Unit San Pablo apartment building featuring (8) 2-bedroom, 1-bath units, all currently generating strong cash flow. The property offers approximately 6,925 square feet of rental space along with 6 single-car attached garages. It is efficiently managed, with each unit individually metered for PG&E, resulting in minimal annual operating expenses. Additionally, the property includes an on-site coin-operated washer and dryer area, a secured security gate, and a fenced lot. There is additional income from 5 leased attached garages. Unit 8 is currently vacant and has been completely remodeled from wall to wall with permits. Upgrades include new kitchen cabinets, countertops, stove, refrigerator, carpet, tile flooring, bathroom, fixtures, mirrored closets, dual-pane windows, blinds, sheetrock, electrical, wall heater, and fresh paint. The exterior exhibits minimal deferred maintenance. The property is conveniently located near public transportation, shopping centers, schools, Kaiser Medical Center, Richmond Marina, and offers easy access to I-580, I-80 freeways, and the Richmond ferry terminal.

Location

State CA

County Contra Costa

Interior

Heating Natural Gas,Wall Furnace,MultiUnits

Cooling Ceiling Fan(s)

Flooring Linoleum,Partial Carpeting

Laundry Coin Operated,Common Area,Laundry Equip - Leased

Building

Lot Description Rectangular Lot,Front Yard,Paved,Security Gate

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