Bought with Mazen Bahu • SRUT06
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2518 Manchester Ave San Pablo, CA 94806
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Key Details
Sold Price $1,840,000
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,925 sqft
Price per Sqft $265
MLS Listing ID CC41107632
Bedrooms 8
Year Built 1965
Lot Size 8,750 Sqft
Property Sub-Type Five 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
Area San Pablo Proper
Interior
Heating Gas, Wall Furnace
Cooling Ceiling Fan
Flooring Linoleum, Carpet - Partial
Laundry Laundry Facility - Coin-Op, Washer/Dryer - Leased, Community Facility
Exterior
Exterior Feature Stucco
Parking Features Attached Garage, Off-Site Parking, Access - Side Yard
Roof Type Other
Building
Lot Description Regular
Sewer Sewer - Public
Water Public, Heater - Gas
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