Properties

Property Description

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. 6.1% investment return cap rate. 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.

Features
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Address Map
CA
Contra Costa
Pittsburg
94565
Railroad Ave
2221
W122° 6' 36.2''
N38° 0' 48.9''
cn
Hwy4 exit Railroad Cross Street: E. Leland.
Neighborhood
Neighborhood
MLS Addon
Promax Investment & Develop
Richard Mao
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Additional Information
4800000
2024-01-06
: Stucco, Wood Siding
Financial
20870
Listing Information
CCBE-206514458
CCBE-SPID01
Active
2024-05-02T12:32:17Z
CRMLS
2024-01-25T16:00:00Z

Commercial Sale For Sale

2221 Railroad Ave, Pittsburg, California 94565

0.66 Acre
$4,480,000
Listing ID #41046945
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 41046945
Price : $4,480,000
Year Built : 1989
Lot Area : 0.66 Acre
Status : Active
Roof : Composition
Agent info
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