1449 San Pablo AvePinole, CA 94564

Property Details for 1449 San Pablo Ave

Year built

1964

Construction

WOOD FRAME

Lot size

0.10 AC

Property size (Sq ft)

4,083 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

402-050-022-1

APU

4020500221

Description

This exceptional commercial property at 1449 San Pablo Avenue in Pinole, California, presents a unique investment opportunity. Boasting 4,083 square feet on a 0.1-acre lot, this property offers remarkable versatility. The building currently features four apartments and two office spaces, which can be combined to create a larger, single office space, catering to a variety of business needs. Recent updates include double-paned windows and upgraded laminate flooring in select areas, enhancing both aesthetics and energy efficiency. The property's strategic location near downtown Pinole provides easy access to a vibrant array of shops, restaurants, parks, a library, a post office, public transportation, and major freeways (Highway 80 and Highway 4). Note that this property must be purchased in conjunction with 1429 San Pablo Avenue to secure necessary parking. This combined purchase allows for a seamless live-work arrangement, maximizing the property's income potential and convenience. The asking price for this combined property is $1,370,000. This is a rare chance to acquire a flexible, well-located commercial property with significant upside potential in a thriving community. Don't miss this opportunity to own a piece of Pinole's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,120,171

  6.5%

  $1,034,004

  7%

  $960,147

• Comparable approach

  Method

  Valuation

  Relative Method

  $749,216

  Geo Method

  $1,138,790

• Alternative Use

  Use

  Valuation

  Residential

  $1,282,165

  Hospitality

  $1,174,456

  Educational

  $977,134

  Medical

  $1,010,739

  Retail

  $1,519,986

Location Insight

City

Pinole

County

Contra Costa

State

California

Latitude

38.0039

Longitude

-122.3

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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