2170-2180 Fremont Street, Concord
Price: $3,824,000
Building Type: Multifamily
Cap Rate: 5.74%
Active
2170-2180 Fremont Street presents a rare opportunity for an investor to purchase a turn-key fully occupied 16 unit apartment building located in Downtown Concord. Built in 1978, the property comprises two separate buildings on two separate parcels, with a combined square footage of 7,852 square feet on a 0.57 acre lot. The unit mix consists of eight (8) Studio units of approximately 400 square feet, and eight (8) 1 bedroom/ 1 bath units of approximately 600 square feet. Additionally, the property features secured access perimeter fencing, 16 covered and 6 uncovered off street parking spaces, and private patios/balconies all on a drought resistant landscape. All units are individually metered for gas and electric.
The property has been meticulously maintained by current ownership. Most of the units have been renovated over the last 4 years with water resistant vinyl plank flooring, granite kitchen countertops, updated bathrooms, new appliances, new carpeting in bedrooms, and interior painting. Both buildings feature a durable concrete tile roof that can last between 50-100 years with minimal maintenance. The asphalt shingle on the flat portion of roof was replaced in 2023. The parking lot was repaired and resealed in 2023/2024, and new wood fencing installed along the 2170 building in 2023. The exterior iron fence and gates were installed in 2014. The property also collects ancillary income with two on-site laundry facilities. In all, this opportunity will provide a new investor with day one cash flow, additional upside with unit turnover, and revenue growth through annual rent increases in a high demand location.
In 2024, the Concord/Pleasant Hill submarket maintained strong demand with the vacancy rate decreasing to 5.1% as of the first quarter of 2025, the second lowest in the East Bay. The overall decline in vacancy highlights the sustained demand for housing in the submarket. In the wider metro area, solid demand growth and a diminishing construction pipeline have put downward pressure on the market's vacancy rate. It is also one of the few regions witnessing positive rent growth, increasing 1.1% over the past year. The overall outlook for the submarket is relatively stable.
1180 Saranap Ave, Walnut Creek, CA 94595
Price: $5,500,000
Units: 24
Cap Rate 5.95%
Active
The property’s desirable location in the Saranap Village neighborhood is a charming and sought-after area within Walnut Creek. Located in the unincorporated part of Contra Costa County, Saranap offers a mix of residential, commercial, and recreational spaces. The neighborhood is characterized by tree-lined streets, well-maintained homes, and a serene atmosphere. The proximity to Broadway Plaza, Walnut Creek’s premier dining & shopping district, approximately 1.5 miles away enhances the appeal of the property’s location to prospective tenants. For commuters the property is appealing given its proximity to the Walnut Creek BART Station, located 1.5 miles away, and just minutes from the intersection of Interstates 680 and 24.
Walnut Creek is an attractive destination for businesses and entrepreneurs with a strong economy, high quality of life, and a population of 67,000. Located 25 miles east of San Francisco, the city is home to a diverse roster of top employers, including Kaiser Permanente, CSAA, Safeway, Nordstrom, and John Muir Health. Walnut Creek’s affluent population enjoys an abundance of shops and restaurants, outdoor recreational amenities, and employment opportunities, making it an ideal place for businesses to establish and grow.
900 Alvarez Ave, Pinole, CA 94564
Price: $3,600,000
Units: 12
Cap Rate 6.08%
Active
900 Alvarez Avenue is a well-maintained, low-rise multifamily property located in Pinole, California. The property is situated on a single ±0.52 acre parcel and consists of a two-story residential building totaling approximately ±9,284 square feet, originally constructed in 1980.
The property comprises (12) residential units with a favorable unit mix of (11) two-bedroom units and (1) three-bedroom unit. The asset has demonstrated consistent occupancy and stable in-place cash flow, providing current income.
Second-floor units feature private balconies, while ground-floor units include private patios. Unit interiors offer laminate flooring and kitchens equipped with electric appliances. Units are separately metered for water, gas, and electricity, include individual water heaters, and utilize wall heaters for space heating.
Property amenities include on-site coin-operated laundry facilities and a total of (20) parking spaces, consisting of (8) covered carport spaces and (12) surface parking spaces.
1816 Hile Ave, Linda, CA 95901
Price: $2,200,000
Units: 18
Cap Rate 8.30%
Active
Presenting a fantastic investment opportunity in Marysville, California – this 18-unit multifamily property boasts a mix of (17) spacious 2-bedroom, 1-bathroom units and (1) 3-bedroom, 1-bathroom unit. The property is in excellent condition, featuring a brand-new roof and energy-efficient double pane windows, which help reduce energy costs and enhance tenant comfort.
With strong cash flow, this property is an ideal addition to any investment portfolio. Each unit offers well-designed living spaces that appeal to a wide range of tenants, further supporting its consistent income stream.
This well-maintained property is the perfect opportunity for investors seeking a high-performing asset with long-term income potential.
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2261 48th Ave, Oakland, CA 94601
Price: $1,349,000
Units: 4
Active
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Ideal for owner-occupants: live in one unit and rent out the others for additional income
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All units separately metered for electricity and gas.
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All renovations and upgrades completed with permits.
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Excellent unit mix: one 3 bed / 2 bath and three 2 bed / 1 bath units
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Brand-new flooring, paint, fixtures, and appliances throughout
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Remodeled kitchens with new cabinetry and granite countertops
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Stylishly updated bathrooms with modern finishes
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Double-pane windows and fresh interior/exterior paint for enhanced comfort and curb appeal
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In-unit laundry hook-ups in every unit
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Attached enclosed garage with dedicated storage closets for each unit
448 Tewksbury Ave, Richmond, CA 94801
Price: $1,200,000
CAP Rate: 5.92%
Units: 6
Active
Point Richmond, an upscale waterfront enclave of historic buildings and cafes that looks like a movie set — is tucked amid the rolling slopes abutting the Chevron refinery, separated from the city by Highway 580 as it proceeds north to the Richmond-San Rafael Bridge, has the elements of a small town and then some. The Bay Trail through Point Richmond connects the area via hiking and biking trails for miles. Among Point Richmond’s many draws, one stands out as the most alluring: its sprawling outdoor spaces. From parks to trails, Point Richmond’s ample greenspaces have the ability to transport you from this quaint Bay Area neighborhood to a lush national forest. Miller Knox Regional Park is a popular Point Richmond destination for fishing, boating and swimming. The area became even more attractive when the San Francisco Bay Ferry began operations between Point
Richmond and the San Francisco Ferry Building. Since 1978, the Point Richmond Historic District has been listed in the National Register of Historic Places. As the oldest neighborhood in Richmond, Point Richmond proudly displays historic Victorian homes, many lovingly restored to their original grandeur. Point Richmond has excellent access to public transportation, including a nearby BART
station and bus, train and ferry service into San Francisco and surrounding communities. San Francisco is 35 minutes by freeway and the city of Oakland is a 20-minute drive. It also sits at the eastern footing of the San Rafael Bridge, making the shopping, dining and recreational opportunities of Marin County just a few minutes away.
000 Alhambra Valley Rd, Martinez, CA 94553
Price: $325,000
Land
Vacant
Active
An over-an-acre lot in Alhambra Valley, a census-designated place in the Briones Hills of central Contra Costa County, California, offers a unique opportunity to enjoy the natural beauty of the Bay Area with a perfect balance of serene rural charm and convenient access to nearby urban amenities. Known for its rolling hills and picturesque landscapes, this area provides a peaceful retreat while being centrally located near Martinez, Lafayette, Walnut Creek, and other surrounding cities. The expansive lot is ideal for custom home building, offering scenic views of the surrounding hills and valleys. Oak trees and other native vegetation enhance the property's natural beauty and ensure privacy.
