329 Camelback Rd, Pleasant Hill, CA 94523

$4,075,000
5,808
SqFt
Sold Price
$4,075,000
List Price
$4,000,000
Status
CLOSED
MLS#
40997879
Closing Date
Jul 29, 2022
Year Built
1971
Property Type
5 Or More Units
Living Area
5,808
Lot Size
25,593
Acres
0.59
County
Contra Costa
Subdivision
Ca

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.

Additional Information

HOA
Yes
Exterior
Stucco
Flooring
Vinyl, Carpet
Laundry Features
Coin Operated, Community Facility
Lot Description
Premium Lot
Parking Features
Carport
Roof
Composition Shingles
Water Sewer
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Re/Max Accord. Selling Office: Re/Max Accord.

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