950 East St Pittsburg, CA 94565
7-Unit Apartment Building, High Cash Flow
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- $1,700,000 asking price for a 7-unit apartment building in Pittsburg, CA.
- Value-add investment opportunity with a 6.39% cap rate and a pro-forma cap rate of 7.17%.
- 4,872 square feet on a 5,000 square foot lot, with a price per square foot of $348.93.
- $108,644 current NOI and a pro-forma NOI of $121,925.
- Seven units (one non-conforming), including four 2-bedroom and three 1-bedroom units, priced at $242,857 per unit.
- Built in 1934, this three-story building features a new roof and recently renovated units.
Property Details for 950 East St
- Property type
- Apartment buildings
- Square Feet
- 4,872 SF
- Year Built
- 1934
- Buildings
- 1
- Stories
- 3
- Units
- 7
Location Insight
- City
- Pittsburg
- County
- Contra Costa
- State
- California
- Latitude
- 38.027709
- Longitude
- -121.8817089
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 7-Unit Apartment Building, High Cash Flow
- Where is the apartment building located?
- The property is located at 950 East St Pittsburg, CA.
- What is the asking price?
- The asking price for this property is $1,700,000.
- What are key features of this property?
- This property features: $1,700,000 asking price for a 7-unit apartment building in Pittsburg, CA.; Value-add investment opportunity with a 6.39% cap rate and a pro-forma cap rate of 7.17%.; 4,872 square feet on a 5,000 square foot lot, with a price per square foot of $348.93.
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