2215 Dover Ave - Apartments FOR SALE


San Pablo, CA 94806
$1,495,000 USD
510-725-4775
2215 Dover Ave, San Pablo, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/13
null | 6.95% Cap Rate

2215 Dover Ave
San Pablo, CA 94806


HIGHLIGHTS

  • Six Units Consisting of Two 3bd/1bth of Over 1,000 SqFt and Four 1bd/1bth of Nearly 700 SqFt.
  • 1:1 Parking, On Site Laundry, Easy to Maintain Landscaping, Recent Exterior Paint & Roof Resurfacing
  • Located in the Growing and Non Rent Controlled City of San Pablo-Offering a Rare Blend of Cash Flow, Location, and Long-term Upside Potential
  • Conveniently Situated Near Shopping Centers, Schools, Kaiser Medical Center, Richmond Marina, and Easy Access to Public Transportation

OVERVIEW

2215 Dover Ave is a well maintained six unit multifamily investment property located in San Pablo. It sits on a single parcel with two separate buildings arranged in an efficient L shaped configuration. The front duplex features two spacious three-bedroom, one-bath residences. The lower unit includes interior laundry, presenting an attractive owner occupant opportunity. The rear fourplex consists of four one bedroom, one bath units that provide stable and diversified rental income. Recent improvements include fresh exterior paint and roofs resurfaced in 2024, and other interior/exterior upgrades. Positioned in a well established residential pocket of San Pablo, 2215 Dover Avenue benefits from immediate access to everyday amenities while maintaining strong regional connectivity. The property is minutes from Interstate 80, allowing efficient travel throughout the East Bay and beyond. Public transportation options are readily available, including AC Transit service along San Pablo Avenue and commuter access via the El Cerrito del Norte BART Station.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,167

CAP RATE

6.95%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,621 SF

ZONING

M-2, Contra Costa

APN/PARCEL ID

411-201-015-4

ASK ABOUT THIS PROPERTY

Steven PinzaPinza GroupMore Info
510-725-4775

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Steven PinzaPinza GroupMore Info
510-725-4775

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