2001 Broadway Avenue
San Pablo, CA, 94806 $ 4,250,000
Bedrooms-- Baths-- Sq 18,711 Monthly Estimate*
$ 29,354
Listed by Ismael Benhamida, Compass, ismael@benhamidagroup.com
for $4,250,000. This 18,711 square foot building was built in 1993 on a lot size of 0.7042.
Casa Linda Apartments is a rare 1993-built 24-unit multifamily in San Pablo, offered at $4,250,000 ($177,083/unit, $227/SF). Newer construction delivers institutional-quality infrastructure rare for the vintage: a full building fire-sprinkler system, elevator access, all-interior staircases and walkways, and a fully hardwired security camera system. All 24 units are 1BD/1BA with private outdoor space (patio, balcony, or yard). A large gated surface lot serves the property (no tuck-under parking). A ground-floor amenity room offers flexible tenant use or ADU-conversion potential. Priced at an attractive 7.0% current cap rate with strong value-add upside to an 8.67% market cap; GRM of 8.17 current / 7.03 market. Current monthly scheduled rent of $43,329 ($519,948/yr) grows to $50,400 ($604,800/yr) at market. NOI upside comes from light repositioning (paint, landscaping, community-room renovation), rent optimization, RUBS billing, and expanded laundry income. In western Contra Costa County with I-80/I-580 access and proximity to BART, AC Transit, and Amtrak. Strong East Bay rental demand, a housing shortage, proximity to major employers, and significant value-add and ADU potential make 2001 Broadway Avenue a great opportunity for both the cash flow and appreciation-minded investor.
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FeaturesGeneralHeating Electric
Cooling None
Roof Tar/Gravel Tile
Zoning RMU
HOA Fee 0
Year Built 1993
County Contra Costa
Insurance Expense 13896
Property Type Commercial Sale
MaintenanceExpense 12000
Special Listing Conditions Standard
Status Active
Directions Cross Street: 20th Street & Rumrill Blvd
High School Other
City San Pablo
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 30675
Carport Spaces 0
Elementary School Other
Tax Annual Amount 61771
Middle/Junior High School Other
Trash Expense 21600
Standard Status Active
Occupancy Type Tenant
Year Built Source Other
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InteriorAir Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorWater Source Public
Total Parking 0
Lot Size Area 30675
Number of Buildings 1
Building Area Total 18711
Lot Size Acres 0.7042
Lot Size Source Other
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* Excluded FeaturesList ByIsmael BenhamidaListing Agent
ismael@benhamidagroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $29,354
- Monthly Property Taxes
- $5,148
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in San Pablo, CA
Average List Price $2,373,500
Percent of Sale Price 44%
About San Pablo, CA 32,078 Population
6% Since 2002
$ 47,352 Median Income
34.65 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4826967 Elementary School
4826966 Middle School
Other High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $4,250,000 | | Listed Price |