As the exclusive advisor, Berkshire Hathaway Commercial Group presents 900 Alvarez Avenue to the market, a prime investment acquisition opportunity in Contra Costa County, California.
The subject spans over 9,000 square feet on a 0.52-acre parcel at the endpoint of Alvarez Avenue, providing a quiet and peaceful suburban setting for residents. This well-maintained, low-rise multifamily property features a two-story residential building comprising 12 residential units, with a favorable unit mix of 11 two-bedroom units and one three-bedroom unit. The second-floor units feature private balconies, while ground-floor units include private patios. Unit interiors offer laminate flooring and kitchens equipped with electric appliances. Units are separately metered for water, gas, and electricity, include individual water heaters, and utilize wall heaters for space heating. Property amenities include on-site coin-operated laundry facilities and 20 total parking spaces.
900 Alvarez Avenue is in the City of Pinole, an established East Bay community in western Contra Costa County, approximately 18 miles northeast of San Francisco and 14 miles north of Oakland. The property is situated along the Interstate 80 corridor, providing convenient access to major employment centers throughout the East Bay, Oakland, San Francisco, and the broader Bay Area. This regional connectivity supports stable rental demand while providing a more affordable alternative to core urban markets.
According to CoStar analytics, the 5-mile realm is home to approximately 193,646 households, with over 80% being one and two-to-four-unit housing types, aligning with the subject’s build-out and capabilities. The growing population generates robust consumer spending, surpassing $2.2 billion annually. The average household income exceeds $118,400, and more than 20,400 households are renter-occupied – signifying strong demand for rental units in the immediate area.
Don’t miss out on the opportunity to invest in a well-performing housing asset that has demonstrated consistent occupancy and stable in-place cash flow, providing current income.