For Sale
$3,300,000

5249 Sobrante AveEl Sobrante, CA 94803

Six Duplexes, 12 Units, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents six duplexes totaling twelve units, situated on four parcels in desirable El Sobrante, California. Built in 1942, these single-story buildings offer a blend of classic charm and modern updates. The property boasts a total of 0.46 to 0.83 acres of land, providing ample space. Each duplex features spacious living arrangements, including three bedrooms and one bathroom, equipped with modern amenities such as refrigerators, stoves, carpet, laminate flooring, and dual-pane windows. Individual utility meters for PG&E and water simplify management. Multiple parking spaces per unit add convenience. Currently fully leased, this property generates immediate income, with some rents below market value offering potential for increased revenue. The property is conveniently located near major shopping centers, schools, and public transportation, making it attractive to tenants. An assumable CHASE loan is available, subject to restrictions. The property's APN is 430-152-038-5, with additional parcels included. This turnkey investment is priced at $3,300,000 and presents a strong opportunity for portfolio enhancement. The addresses included are 5249-5251 Sobrante Ave, 5245-5247 Sobrante Ave, 1-3 Sobrante Ct, and 5-7 Sobrante Ct, all located in Contra Costa County, CA, zip code 94803.

Highlights

  • Twelve-unit multifamily portfolio consisting of six duplexes on four parcels in El Sobrante, CA.
  • Currently fully leased, generating immediate cash flow with upside potential from below-market rents.
  • Each unit features three bedrooms and one bathroom with modern amenities including refrigerators, stoves, laminate flooring, and dual-pane windows.
  • Individual PG&E and water meters simplify management.
  • Multiple parking spaces per unit.
  • Desirable El Sobrante location near shopping, schools, and public transportation.

Property Details for 5249 Sobrante Ave

Property type
Apartment buildings
Year Built
1942
Buildings
6
Stories
1
Lot Size (sq. ft)
20,038 SF

Location Insight

City
El Sobrante
County
Contra Costa
State
California
Latitude
37.9781708
Longitude
-122.2932356
5249 Sobrante Ave, El Sobrante, California

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5249 Sobrante Ave
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