$1,732,000
$1,800,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
10,332 Sqft Lot
SOLD DATE : 09/05/2024
Key Details
Sold Price $1,732,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41065247
Sold Date 09/05/24
HOA Y/N No
Year Built 1972
Lot Size 10,332 Sqft
Acres 0.2372
Property Description
4-Plex in Upscale Area ... all TOWNHOUSE style - 2-car garages, balconies and 3-bedrooms, 2-1/2 bathrooms … very nice units in a very nice setting ... excellent location - walk to Target, Diablo Valley College, Safeway or Sun Valley Mall - 2-blocks to Hwy-680 ... these would be worth around $650,000 each as townhouses ... includes access to community swimming pool & clubhouse ... approx. 4.5% cap-rates with current, long-term Tenants (14.5 GRM) … or approx. 7.4% cap-rates at HUD rates (10.2 GRM) … possibility to do a NNN master-lease to a Non-Profit Group ... asking price is $450,000 per unit, which translates to $356 per square foot (much less than replacement cost) ... drive-by only ... please do not disturb Tenants - write offers subject to inspections ... buyers will have at least 7-days for inspections ... Proforma and Inspection Reports are available ... offers reviewed on TUESDAY, July 9th at 3pm
Location
State CA
County Contra Costa
Interior
Heating Forced Air
Flooring Carpet, Vinyl
Fireplace No
Exterior
Garage Direct Access, Garage, Garage Door Opener
Roof Type Shingle
Parking Type Direct Access, Garage, Garage Door Opener
Total Parking Spaces 8
Building
Sewer Public Sewer
Others
Tax ID 1532610126
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
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Bought with Ken Wu • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner