1640 23rd St, San Pablo, CA 94806
- $5,900,000
Listed by Ethan Berger, (925) 588-9740 from NAI Northern California
(If provided) CoList: from
- List Price
- $5,900,000
- MLS#
- EB41139267
- Status
- ACTIVE
- Lot Size
- 24,360
- Listing Area
- San Pablo Proper
- Year Built
- 1984
Property Description
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.
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Additional Information
- Acres
- 0.56
- Amenities
- Balcony/Patio
- Cooling System
- None
- Exterior Features
- Siding - Wood, Wood Frame
- Floor Covering
- Laminate, Linoleum, Tile
- Garage Parking
- Assigned Spaces
- Heating System
- Forced Air
- Laundry Facilities
- Washer, Dryer
- Lot Size
- 24,360
- Neighborhood
- San Pablo Proper
- Numberof Units
- 20
- Unincorporated Yn
- Yes
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