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45 W 10th St, Pittsburg, CA 94565
Priced at Only: $2,350,000
For more Information Call Mobile: 714.478.6676
Address: 45 W 10th St, Pittsburg, CA 94565
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  • MLS#: 41076382 ( )
  • Street Address: 45 W 10th St
  • Viewed: 1
  • Price: $2,350,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 84
  • Additional Information
  • County: CONTRA COSTA
  • City: Pittsburg
  • Zipcode: 94565
  • Provided by: BHHS Drysdale Properties
  • Contact: Monjid Monjid
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present 25 45 W. 10th Street in Pittsburg, CA. The property is a well maintained three story building located within minutes to Downtown Pittsburg and the marina. Built in 1948, the 7,574 square foot building boasts a unit mix of three (3) 3 bed/1 bath units, two (2) 2 bed/1 bath units, three (3) 1 bed/1 bath units, and two (2) studios. Current ownership has renovated five units upon turnover, four of which included extensive value add renovations. Renovated units offer hardwood flooring, two pane vinyl windows, new paint, and charming original features throughout. Some units have beautiful views of the marina in the distance. The sale includes the adjacent parcel which is a 14 stall parking lot for the property. The property is separately metered for PG&E, and the owner pays for water and garbage. In addition to off street parking, the property also has onsite laundry, and perimeter fencing. New investors have the opportunity to assume the current financing on the property with a current balance of $1,319,000 at an interest rate of 3.72% with eight years remaining. With this significant reduction from current market interest rates, a new investor can assume the loan and capture a tremendous year 1 cash on cash return of 8.6%
Features
Association Fee
  1. 0.00
Construction Materials
  1. Stucco
Cooling
  1. None
Heating
  1. Wall Furnace
Lot Features
  1. Corner Lot
  2. Level with Street
Parcel Number
  1. 0852010057
Sourcesystemkey
  1. 41076382:BMLS
Tenant Pays
  1. Gas
Year Built
  1. 1948
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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