1539 Humboldt Ave - Apartments FOR SALE


San Pablo, CA 94806
$1,600,000 USD
510-387-7954
1539 Humboldt Ave, San Pablo, CA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/6
null | 5.3% Cap Rate

1539 Humboldt Ave
San Pablo, CA 94806


HIGHLIGHTS

  • 5-Unit Multifamily Investment – Five 2-bedroom units in the San Pablo submarket.
  • 100% Occupied – Currently reporting a 0% vacancy rate, providing stable in-place occupancy.
  • Excellent Freeway Access – Convenient proximity to I-80 and San Pablo Dam Road, connecting the property to Richmond, Berkeley, Oakland, and Bay Area.
  • Transit Connectivity – Approximately 3.3 miles from the Richmond Amtrak/Capitol Corridor station.

OVERVIEW

GCM Realty is pleased to present the opportunity to acquire 1539 Humboldt Ave, a 5-unit multifamily property located in the San Pablo submarket of San Pablo, CA. Built in 1960, the property consists of five (5) two-bedroom units totaling approximately 3,304 SF on a 0.14-acre parcel. The property is currently 100% occupied, providing stable in-place operations in a submarket with a 4.7% vacancy rate and average market rents of approximately $1,993 per unit. The property also benefits from eight covered parking spaces and convenient access to I-80 and San Pablo Dam Road. Located within a designated Opportunity Zone, 1539 Humboldt Ave offers investors a well-located East Bay multifamily asset with strong occupancy and long-term investment potential.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$484 USD /SF

# OF UNITS

5

PRICE/UNIT

$320,000

CAP RATE

5.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

MFR, San Pablo

APN/PARCEL ID

417-042-002-2

ASK ABOUT THIS PROPERTY

Marty CarbajalGCM RealtyMore Info
510-387-7954

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Marty CarbajalGCM RealtyMore Info
510-387-7954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.