Skip To Content

2221 Railroad Ave

Pittsburg, CA 94565
  • $4,480,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: 41046945
UPDATED: 15 min ago
$4,480,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,624
    SQFT
  • $422
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

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. 6% investment return cap rate. 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.

Monthly Payment Calculator



Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-03-03T16:38:46.847.

www.swansonrealestate.com/homes/146454541
Print Image

2221 Railroad Ave Pittsburg, CA 94565

  • Price: $4,480,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 15 min ago
  • ID#: 41046945
0
Beds
0
Baths
0
½ Baths
0.66
Acres
10,624
SQFT
$422
$/SQFT
1989
Built
Neighborhood:
Listing
County:
Contra Costa
Area:
Listing
Property Description
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. 6% investment return cap rate. 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.
Exterior Features

Carport YN No Construction Materials StuccoFrame Garage YN No Lot Size Area 0.66 Parking Features Private Lot Parking Spaces Total 39 Roof Composition

Interior Features

Building Area Total 10624

Property Features

Age 35 Association YN No For Sale Or Rent For Sale Lot Features BART NearbyCity LotCommercialFreeway NearbyMid-Block Point Of Sale Ordinance No Property Sub Type Retail Special Listing Conditions Standard Zoning cn

Contra Costa Association of Realtors logo Listing courtesy of Richard Mao of Promax Investment & Develop: .


Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-03-03T16:38:46.847.

 
https://bt-photos.global.ssl.fastly.net/eastbay/orig_boomver_1_41046945-2.jpg https://bt-photos.global.ssl.fastly.net/eastbay/orig_boomver_1_41046945-2.jpg https://bt-photos.global.ssl.fastly.net/eastbay/orig_boomver_1_41046945-2.jpg
Logo
Swanson Real Estate Team | Keller Williams Tri-Valley Realty
2300 First Street, Suite 316
Livermore CA, 94550