USACASan Pablo2001 Broadway Ave
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New
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$4,250,000

For Sale

3 days ago

2001 Broadway Ave, San Pablo, CA

House

MLS® ML82056742

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $61,771
Days Active 3
Lot Size 0.7042 Acres
Approx. Age 1993
MLS® Number ML82056742

Property Address: 2001 Broadway Ave, San Pablo, CA, 94806-2488

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberML82056742
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1993
Basement
Driveway
Garage Spaces
HeatElectric
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 5, 2026List Date
$4,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
2001 Broadway Ave, San Pablo, CA

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