$4,075,000
$4,000,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
329 Camelback Rd Pleasant Hill, CA 94523
0.59 Acres Lot
Key Details
Sold Price $4,075,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40997879
Sold Date 07/29/22
HOA Y/N No
Year Built 1971
Lot Size 0.587 Acres
Property Description
TWO, 8-unit apartment buildings for-sale … 16-Units Total Excellent location on a tree-lined street in an upscale area. A few blocks to Safeway, Target, Sunvalley Mall and Diablo Valley College (about 22,000 students). First time on the market in 44-years … this has been a terrific rental property. 329 and 323 Camelback Road - buildings can also be bought separately Apartment Mix (each building) 4-units are 1-bed/1-bath 2-units are 1-bed + den/1-bath 2-units are 2-bed/1-bath Current Rents : $144,000 per year (ave per building) HUD Rents : $204,000 per year (per building) Offered at : $2,000,000 (per building) x 2 = $4,000,000 Price Per Unit : $250,000 Square feet : 5,808 (per building) Price Per Sq Ft : $344 CAP-Rates : 3.8% (current rents), 6.8% (HUD rents) IMPORTANT : please do not disturb Tenants - you are welcome to driveby, or do a quick walk around the buildings, but please have any discussions across the street so as not to disturb the Tenants.
Location
State CA
County Contra Costa
Interior
Heating Forced Air, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 24
Others
Tax ID 153260006
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Bought with Russ Starkebaum • Re/Max Accord