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$1,600,000
CC41145950 MLS
1539 Humboldt Ave is a 5-unit, 100% occupied multifamily asset in San Pablo priced at $320,00 per unit. In-place rents average $2,190 per month against $2,250 market rent. The deal trades at a 5.3% in-place cap rate (12.12x GRM), with a 5.68% pro forma cap rate (11.54x GRM) once rents reach market. The unit mix is uniform: four 830-square-foot two-bedroom, one-bath residences, most with full-size washer/dryer hookups and one larger unit at 900-square feet. Built in 1970, the property sits on a 6,000 SF lot at the end of a cul-de-sac with 3,304 square feet of building and 7 surface parking spaces. The property has direct access to Interstate 880 and proximity to Interstate 580 and the Richmond-San Rafael Bridge, connecting the tenants to Richmond, El Cerrito, San Rafael, and the broader Bay Area. El Cerrito Del Norte BART is a 10-minute drive, putting San Francisco roughly an hour away by transit. Shopping, entertainment, schools and parks are all nearby.

1539 Humboldt Ave, San Pablo

Listing courtesy of Maurice Carbajal, (510) 387-7954 from GCM Realty & Loans
(If provided) CoList: from

$4,250,000
ML82056742 MLS
Casa Linda Apartments is a rare 1993-built 24-unit multifamily in San Pablo, offered at $4,250,000 ($177,083/unit, $227/SF). Newer construction delivers institutional-quality infrastructure rare for the vintage: a full building fire-sprinkler system, elevator access, all-interior staircases and walkways, and a fully hardwired security camera system. All 24 units are 1BD/1BA with private outdoor space (patio, balcony, or yard). A large gated surface lot serves the property (no tuck-under parking). A ground-floor amenity room offers flexible tenant use or ADU-conversion potential. Priced at an attractive 7.0% current cap rate with strong value-add upside to an 8.67% market cap; GRM of 8.17 current / 7.03 market. Current monthly scheduled rent of $43,329 ($519,948/yr) grows to $50,400 ($604,800/yr) at market. NOI upside comes from light repositioning (paint, landscaping, community-room renovation), rent optimization, RUBS billing, and expanded laundry income. In western Contra Costa County with I-80/I-580 access and proximity to BART, AC Transit, and Amtrak. Strong East Bay rental demand, a housing shortage, proximity to major employers, and significant value-add and ADU potential make 2001 Broadway Avenue a great opportunity for both the cash flow and appreciation-minded investor.

2001 Broadway AVE, San Pablo

Listing courtesy of Ismael Benhamida, 408-373-6195 from Compass
(If provided) CoList: Hanna John Azar from Compass
$1,388,000
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

$5,795,000
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

$1,699,999
EB41133839 MLS
14761 San Pablo Ave is an 8-unit multifamily property in San Pablo. The property is listed for $1,699,999 and generates over $186,000 in gross income. The unit mix consists of seven 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. One unit is currently vacant. Each unit has one parking space. The property has individual meters. The owner pays water. This is a direct multifamily investment opportunity with existing income, one vacant unit, individual metering, and parking for each unit.

14761 San Pablo Ave, San Pablo

Listing courtesy of David Newton, (510) 689-9886 from Coldwell Banker Realty
(If provided) CoList: Lisa C. Perry from Coldwell Banker Realty
$1,495,000
EB41129926 MLS
www.2215Dover.com; Six Units Consisting of Two 3bd/1bth of Over 1,000 SqFt and Four 1bd/1bth of Nearly 700 SqFt; 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 Public Transit, Shopping Centers, Schools, Kaiser Medical Center, Richmond Marina, and Provides Easy Access to I-580 and I-80 Freeways, & Richmond Ferry Terminal; Email Agent on Website For More Information.

2215 Dover Ave, San Pablo

Listing courtesy of Steven Pinza, (510) 725-4775 from The Pinza Group, Inc
(If provided) CoList: from

$1,595,000
EB41128980 MLS
$100K Price Improvement; 7.81% Cap Rate; www.1937Powell.com; Six 2bd/1bth Units, Built in 1972; 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; On Site Parking, Laundry, and a Rare Value-Add Opportunity Achievable Through Unit Renovations and Rental Upside; Conveniently Situated Near Public Transit, Shopping Centers, Schools, Kaiser Medical Center, Richmond Marina, and Provides Easy Access to I-580 and I-80; Email Agent on Website For Complete Marketing Package.

1937 Powell St, San Pablo

Listing courtesy of Steven Pinza, (510) 725-4775 from The Pinza Group, Inc
(If provided) CoList: from

$1,300,000
CC41123333 MLS
Great opportunity to own a profitable restaurant/billiards room; located on a Main Street. The billiards room includes a jukebox. Building and business must be sold together. Licensed to sell beer.

1500 23Rd St, San Pablo

Listing courtesy of Maria Valencia, (925) 826-8807 from Real Estate Source, Inc.
(If provided) CoList: from

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