Estimated payment $5,633/month
Highlights
- Additional Residence on Property
- The community has rules related to allowing live work
- 1-Story Property
- Bay View
About This Home
Unique opportunity to own a mixed-use income property in the heart of charming downtown Rodeo. This distinctive building offers stable investment income with a diverse tenant mix. The property consists of four units with three long-term tenants providing reliable cash flow. Tenants include a small church, a local bait and tackle shop, a downstairs studio apartment, and an upstairs three-bedroom apartment that could also function as office or flexible workspace. This diverse mix of commercial and residential uses provides multiple income streams and helps create a stable investment profile. The property operates with low expenses and offers a strong cap rate, making it attractive to investors seeking dependable returns. Located just two blocks from the San Francisco Bay, the property benefits from proximity to waterfront recreation and the local fishing community. It is also positioned along the I-80 corridor approximately 25 miles east of San Francisco, providing convenient access to the greater Bay Area. The building sits within downtown Rodeo, a small community known for its charm, local businesses, and walkable streets near the bay. The area continues to attract small business owners, residents, and visitors looking for an authentic waterfront town atmosphere. With established tenants, strong income potential, and a prime location near the bay and major transportation corridor, this property represents an excellent investment opportunity in the East Bay.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947 | Remodeled
Lot Details
- 5,101 Sq Ft Lot
- Irregular Lot
Parking
- 4 Parking Spaces
Home Design
- Property Attached
- Studio
Interior Spaces
- 6,352 Sq Ft Home
- 1-Story Property
- Brick Fireplace
- Bay Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 5 Full Bathrooms
Additional Homes
- Additional Residence on Property
Utilities
- Natural Gas Connected
- Internet Available
Community Details
- 4 Units
- Low-Rise Community
- The community has rules related to allowing live work
Listing and Financial Details
- Assessor Parcel Number 357-051-002-8
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $899,000 | -- | $142 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Gift Deed | -- | -- |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 326019632
APN: 357-051-002-8
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Ask me questions while you tour the home.