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$1,585,000
12 Beds 4 Baths 426143856 MLS
This well-maintained 6-unit apartment building located at 5480 Shasta Ave presents an excellent turnkey opportunity for investors seeking immediate, reliable cash flow with significant value-add potential. Built in 1962, the complex features a highly desirable and uniform mix of six spacious 2-bedroom/1-bathroom units, offering stable income from long-term tenants. Situated in a prime East Bay neighborhood, the property offers easy access to local transit options, BART, Contra Costa College, and the scenic Wildcat Canyon Regional Park. This asset delivers the perfect combination of a commuter-friendly location, low-stress management, and impressive financial upside.

5480 Shasta Avenue, San Pablo

Listing courtesy of Dennis Sanchez, from KW Advisors
(If provided) CoList: from

$5,900,000
EB41139267 MLS
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.

1640 23rd St, San Pablo

Listing courtesy of Ethan Berger, (925) 588-9740 from NAI Northern California
(If provided) CoList: from

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