1539 Humboldt Ave

San Pablo, CA 94806
  • $1,600,000

    Price
  • 0.14

    Acre

About the Listing CCBE-CCGRCM - CCBE-161502696

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.

Listing Highlights for 1539 Humboldt Ave

Status Active
Days on Site 53
Property Type Multi-Family
MLS ® 41145950
Year Built 1960
Lot/Acreage 0.14
County Contra Costa
Neighborhood San Pablo Prop

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Roof: Shingle
  • Others: Stucco,2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: $18,618
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4170420022
  • Tax Year: N/A

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1539 Humboldt Ave San Pablo, CA 94806

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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