NOT LISTED FOR SALE

71 Solano Ave Bay Point, CA 94565

Anuta Park Neighborhood
4 Beds
10 Baths
5,590 Sq Ft
0.66 Acres Lot

Sale Details

Date Sold: October 1, 2025

Last sale price $2,143,000 $383 Per Sq Ft

146 Days on Market

About This Home

As of October 2025

Incredible income-producing 15-unit apartment complex with steady cash flow and room for growth! 71-83 Solano Ave. presents a rare opportunity to acquire a turnkey multi-family asset with an assumable loan at an attractive 3.6 interest rate, subject to lender and seller approval. This property boasts a strong in-place cap rate making it a compelling acquisition for both seasoned and value-add investors. The unit mix includes studios and 1-bed layouts, attracting stable tenancy across multiple demographics. The property is situated on a large lot with potential for future development or expansion (buyer to verify). Updated exterior features, solid rent roll, and professional property management already in place make for a low-maintenance investment with immediate cash flow and upside potential. Located in Contra Costa County's growing Bay Point market, with close proximity to BART, Highway 4, and regional employment centers. Ideal for 1031 exchange buyers, LLC investors, or those seeking a long-term portfolio hold.

Last Agent to Sell the Property

Ryan Nemeyer

Engel & Völkers Napa License #01946382 Listed on: 05/08/2025

Engel & Völkers Napa

Co-Listed By

Adriana Cueva

Realty One Group FOX License #02163721

Last Buyer's Agent

Alfonso Garcia

Engel & Völkers Napa License #02111901

Engel & Völkers Napa

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 28,802 Sq Ft Lot

Interior Spaces

  • 4 Bedrooms
  • 5,590 Sq Ft Home
  • 1-Story Property

Parking

  • 15 Parking Spaces
  • Uncovered Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 096-032-031-5

Community Details

Overview

  • 2 Buildings
  • 15 Units

Building Details

  • Gross Income $286,605

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0.66 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Google Maps
  • Lot Size Acres: 0.6612
  • CapRate: 7.24
  • Levels: One
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: See Remarks
  • Square Footage: 5590.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Other

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 15.00

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Separate Meters: See Remarks

Lot Info

  • Assessor Parcel Number: 096-032-031-5
  • Lot Size Sq Ft: 28802.00

Rental Info

  • TenantPays: Electricity, Gas, Trash Collection

Building Info

  • Year Built: 1948

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $1350-$1700
  • Number Of1 Bedrooms Occupied: 11
  • Number of 1 Bedroom Units: 9
  • Number of Studio Units: 6
  • NumberOfUnitsTotal: 15
  • Number Studios Occupied: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2025 10/01/25 Sold $2,143,000 -10.5% $383 / Sq Ft
05/08/2025 05/08/25 For Sale $2,395,000 +59.7% $428 / Sq Ft
08/13/2018 08/13/18 Sold $1,500,000 -11.8% $833 / Sq Ft View Prior Sale
05/18/2018 05/18/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $1,700,000 -- $944 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Ryan Nemeyer

    Engel & Völkers Napa

    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Adriana Cueva

    Realty One Group FOX

    Section Image

  • A

    Buyer's Agent in 2025

    Alfonso Garcia

    Engel & Völkers Napa

    Section Image

  • D

    Seller's Agent in 2018

    Daniel Daboski

    Titan Commercial

    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325041704

Bay Area Real Estate Information Services (BAREIS)
California Contra Costa County Bay Point 94565 Anuta Park

71 Solano Ave, Bay Point, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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