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2221 Railroad Ave, Pittsburg, CA 94565
Priced at Only: $3,288,000
For more Information Call Mobile: 714.478.6676
Address: 2221 Railroad Ave, Pittsburg, CA 94565
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  • MLS#: 41046945 ( )
  • Street Address: 2221 Railroad Ave
  • Viewed: 1
  • Price: $3,288,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1989
  • Bldg sqft: 0
  • Days On Market: 364
  • Additional Information
  • County: CONTRA COSTA
  • City: Pittsburg
  • Zipcode: 94565
  • Provided by: Promax Investment & Develop
  • Contact: Richard Richard
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    8% investment return cap rate. A value added investment opportunity (with 4% 4.5% annual rent and cam increasing every year). Very stable tenant base, most of units are occupied by service type tenants. Tenants are responsible for all interior maintenance and repair. High occupancy rate. Currently 12 units with 11 units are rented. the only vacant unit is used for storage. New owner may choose to rent it out for extra income. On major very busy street, next to Starbucks, close to freeway, schools, BART.
Features
Construction Materials
  1. Stucco
  2. Wood Siding
Land Use
  1. Retail
Netoperatingincome
  1. 280813.00
Roof
  1. Composition
Year Built
  1. 1989
Zoning
  1. cn
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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