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Price Reduced Listing
$5,795,000
 $31,109 est/mo Sourced by Back At You

1640 23rd St,San Pablo, CA 94806

San Pablo, CA 94806

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Description

Well-maintained multifamily investment opportunity featuring an attractive assumable loan (approx. $3.5M balance at 3.95% fixed through Dec. 2029), extensive recent capital improvements, and a highly desirable unit mix of spacious 2-bedroom, 2-bathroom apartments. Recent upgrades include new siding and trim, fresh exterior paint, enhanced landscaping, and renovated units with updated kitchens, baths, flooring, lighting, appliances, and window improvements. Residents enjoy in-unit laundry hookups, forced-air heating, dishwashers, private patios/balconies, and gated covered parking. Centrally located in San Pablo with convenient access to Richmond BART, Contra Costa College, I-80, and major East Bay employment centers. Strong occupancy, reduced near-term capital needs, and no local rent control ordinance provide excellent operational flexibility and long-term growth potential.

Details

MLS #41139267
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1984
Days On Site72
Listing Provided ByNAI Northern California | Ethan Berger

Features

Units20
Acreage0.56

Interior

CoolingNone
HeatingForced Air
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesGas Water Heater, Dryer, Washer

Exterior

Construction MaterialsWood Siding
Lot FeaturesCorner Lot

Area Information

StateCA
CountyContra Costa
CitySan Pablo
Zip Code94806
Community NameSAN PABLO VILLA
Listing VS Median (in SAN PABLO VILLA)
Price:
$5,795,000
low | high
Med:
$0
On site:
72
low | high
Med:
Sourced by Back At You

Market Activity 94806

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Learn More About This Property

Yvette Watson

Yvette Watson

Coldwell Banker Home Source

02046244 (909) 489-6340yvette.watson@cbhomesource.com
StateCA
CountyContra Costa
CitySan Pablo
Zip Code94806
Community NameSAN PABLO VILLA
Listing VS Median (in SAN PABLO VILLA)
Price:
$5,795,000
low | high
Med:
$0
On site:
72
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.346M - $7.243M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1500 23Rd St Property Photo 1
$1,300,000
1500 23rd St
San Pablo, CA 94806
Listing Updated: September 1, 2026 at 2:55:53 PM PDT

Yvette Watson - Coldwell Banker Commercial Real Estate Solutions