532-534 Appian Way | El Sobrante, CA 94803
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532-534 Appian Way
El Sobrante, CA 94803
Cash Cow with 6 of 8 units renovated · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Attractive 7.11% starting CAP Rate.
- Majority of units highly renovated with all units containing spacious two-bedroom/one-bath floorplans.
- Two on-site laundry rooms, one for each building.
- Close to major retailers and shopping at Pinole Vista Shopping Center. Easy commute via. Hwy 80 a few blocks away.
- Every unit has dedicated parking and balconies with views.
- Separately metered for gas and electricity.
PROPERTY FACTS
| No. Units | 8 | Building Size | 6,252 SF |
| Property Type | Multifamily | Average Occupancy | 88% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1968 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | R7, C.C. County | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 6,252 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | R7, C.C. County |
AMENITIES
UNIT AMENITIES
- Balcony
- Storage Space
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $2,250 | 782 |
PROPERTY TAXES
| Parcel Number | 430-152-025-2 | Improvements Assessment | $865,134 |
| Land Assessment | $1,488,074 | Total Assessment | $2,353,208 |
PROPERTY TAXES
Parcel Number
430-152-025-2
Land Assessment
$1,488,074
Improvements Assessment
$865,134
Total Assessment
$2,353,208
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