Seller's Agent in 2022
Ethan Berger
Nai Northern California
(415) 480-0208
4 in this area
29 Total Sales
True value add investment property with 100%+ potential upside. Consists of six 2-bedroom 1 bathroom units and is located in the heart of the city of San Pablo. All units are individually metered for PG&E and feature, assigned parking stall, steel entry doors, dual pane vinyl windows, electric oven/range, refrigerator, gas wall furnace and tiled kitchen, dining area, bathroom and hallway with wall to wall carpeting in the bedrooms and living areas. Tenants also enjoy access to an on-site coin-operated laundry facility, generating additional income, which also houses the central water heater for the property. Current rents are on average $1,000+ per month under market, by increasing in-place rents to market value a new owner would increase revenue by $72,000+ annually.
Last Agent to Sell the Property
Nai Northern California License #01868467 Listed on: 06/13/2022
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,250,000 | -- | -- |
| 09/30/2022 09/30/22 | Sold | $1,250,000 | -7.4% | $274 / Sq Ft |
| 08/18/2022 08/18/22 | Pending | -- | -- | -- |
| 08/17/2022 08/17/22 | For Sale | $1,350,000 | 0.0% | $296 / Sq Ft |
| 08/05/2022 08/05/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | For Sale | $1,350,000 | -- | $296 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,710 | $1,300,500 | $624,240 | $676,260 |
| 2024 | $21,660 | $1,275,000 | $612,000 | $663,000 |
| 2023 | $21,660 | $1,250,000 | $600,000 | $650,000 |
| 2022 | $16,098 | $823,545 | $141,984 | $681,561 |
| 2021 | $15,916 | $807,398 | $139,200 | $668,198 |
| 2019 | $15,090 | $783,452 | $135,072 | $648,380 |
| 2018 | $14,417 | $768,091 | $132,424 | $635,667 |
| 2017 | $13,953 | $753,031 | $129,828 | $623,203 |
| 2016 | $12,263 | $630,000 | $108,600 | $521,400 |
| 2015 | $11,400 | $570,000 | $98,200 | $471,800 |
| 2014 | $10,331 | $480,000 | $82,700 | $397,300 |
Seller's Agent in 2022
Ethan Berger
Nai Northern California
(415) 480-0208
4 in this area
29 Total Sales
Source: bridgeMLS
MLS Number: 40997417