Homes for sale - , Pittsburg, CA 94565 – MLS#BE41046945

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JLee Broker

JLeeRealty

[email protected] +1(650) 857-1000

Listed by Richard Mao • Promax Investment & Develop

$3,288,000

Est. payment - /mo

10,624 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 10,624 sqft

Price per Sqft $309

MLS Listing ID BE41046945

Year Built 1989

Lot Size 0.660 Acres

Property Sub-Type Commercial Property

Source Bay East

Property Description

8% investment return cap rate. A value added investment opportunity (with 4%-4.5% annual rent and cam increasing every year). Very stable tenant base, most of units are occupied by service type tenants. Tenants are responsible for all interior maintenance and repair. High occupancy rate. Currently 12 units with 11 units are rented. the only vacant unit is used for storage. New owner may choose to rent it out for extra income. On major very busy street, next to Starbucks, close to freeway, schools, BART.

Location

State CA

County Contra Costa

Area Pittsburg

Zoning cn

Exterior

Exterior Feature Stucco

Parking Features Common Parking - Private

Garage Spaces 39.0

Roof Type Other,Rolled Composition

Others

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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