733 Loring Ave - Apartments FOR SALE


Crockett, CA 94525
$1,250,000 USD
925-548-6702
733 Loring Ave, Crockett, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/14
null | 5.51% Cap Rate

733 Loring Ave
Crockett, CA 94525


HIGHLIGHTS

  • The property offers a fully renovated mixed-use fourplex providing strong income potential.
  • Three residential units are tenant occupied, delivering immediate cash flow for investors.
  • The commercial unit is vacant and ideal for an owner-user or additional rental income.
  • Extensive upgrades have been completed with full permits, including roofing, plumbing, electrical, HVAC, and interior finishes.
  • Separate utility meters and onsite parking improve operational efficiency and reduce ownership costs.
  • The location provides convenient access to downtown Crockett, the waterfront, easy commute to Oakland, SF and regional freeways.

OVERVIEW

Excellent 4-unit mixed-use property offering immediate income. The property consists of three residential units, each a 1 bedroom/1 bath, currently tenant-occupied. The vacant commercial unit—virtually staged for inspiration—offers flexible potential for a retail storefront, boutique, professional office, or service-based business. Lease the space or operate your own business and capture the upside. Professionally renovated by the owner, a licensed contractor, with all work completed through the Contra Costa Building Department and fully permitted. The property was brought to current code with legal unit separation, new electrical services and wiring, individual gas meters, all new piping, copper water lines, and updated fixtures in each unit. Major capital improvements also include new HVAC and A/C systems with new ducting and venting, a new sewer lateral, and a new roof. Additional features include designated parking for each unit, two private yard spaces, and one shared community yard, enhancing tenant desirability, operational efficiency, and long-term investment performance. Conveniently located near downtown, the waterfront, and major freeways. Income-producing and ideal for investors, 1031 exchange buyers, or income-seeking owner-users. A rare opportunity!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$252 USD /SF

# OF UNITS

4

PRICE/UNIT

$312,500

CAP RATE

5.51%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,969 SF

ZONING

RB/R6, Contra Costa

APN/PARCEL ID

354-092-003-4

ASK ABOUT THIS PROPERTY

Lydia VetereColdwell Banker RealtyMore Info
925-548-6702

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

Lydia VetereColdwell Banker RealtyMore Info
925-548-6702

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