1824 21St St

    San Pablo, CA 94806
    • $5,350,000
    • STATUS: Active
    • ON SITE: 168 days
    • ID#: BE40863407
    UPDATED: 66 min ago
    $5,350,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    1824 21st Street in San Pablo is a 39-space mobile home / RV park with one park-owned single-family home with great San Pablo location. This investment presents an excellent opportunity for the next investor to have immediate cash flow with huge rental upside. The park has a history of little or no vacancies and is currently nearly 100% occupied. Many tenants are far below market in rent, offering the next investor the opportunity to raise rents after closing and achieve significantly greater cash flow. San Pablo has a low rental supply and is one of the fastest growing rental markets in the Bay Area with 1 bedroom apartments renting for over $1,800 and 2 bedroom apartments renting for over $2,400.

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    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-10-17T12:49:45.817. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
    www.strockrealestate.com/homes/94251894

    1824 21St St San Pablo, CA 94806

    • Price: $5,350,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: BE40863407
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1926
    Built
    Neighborhood:
    San Pablo Proper
    County:
    Contra Costa
    Area:
    San Pablo Proper
    Property Description
    1824 21st Street in San Pablo is a 39-space mobile home / RV park with one park-owned single-family home with great San Pablo location. This investment presents an excellent opportunity for the next investor to have immediate cash flow with huge rental upside. The park has a history of little or no vacancies and is currently nearly 100% occupied. Many tenants are far below market in rent, offering the next investor the opportunity to raise rents after closing and achieve significantly greater cash flow. San Pablo has a low rental supply and is one of the fastest growing rental markets in the Bay Area with 1 bedroom apartments renting for over $1,800 and 2 bedroom apartments renting for over $2,400.
    Exterior Features

    Building Type Apartment Complex Exterior Other Garage Parking Other Lot Description Other Roof Other Units In Complex Max 39

    Interior Features

    Cooling Other Flooring Other Structure Sq Ft 0

    Property Features

    Additional Listing Info Not Applicable Amenities Other City Name San Pablo Cross Street Market Avenue Hoa Amenities Other Lot Size Area Maximum 60560.00 Water Other

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of David Howarth of The Pinza Group, Inc.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-10-17T12:49:45.817. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
     
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