Four (4) apartment units from an originally converted commercial space. Can be sold with neighboring property (MLS 41056680). Seller financing available w 40%+ down Does *NOT* qualify for typical 4 unit financing. Cap Rate - 7.97% (Current) | GRM - 6.71 (Current) vs Cap Rate - 8.35% (Proforma) | GRM - 6.54 (Proforma)
Sold for $455,000 on 05/01/25
$455,000
516 1st St, Rodeo, CA 94572
--beds
--baths
1,837sqft
Multi Family
Built in 1949
-- sqft lot
$907,100 Zestimate®
$248/sqft
$2,827 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 01, 2025 at 10:33am
Listed by:
Davide Pio DRE #01522969 510-815-2000,
Bcre
Bought with:
Kristopher Mares, DRE #02188892
Kw Advisors
Source: CCAR,MLS#: 41089635
Facts & features
Interior
Heating
- Natural Gas
Cooling
- No Air Conditioning, Other
Features
- Flooring: Laminate
Interior area
- Total structure area: 1,837
- Total interior livable area: 1,837 sqft
Property
Parking
- Parking features: Off Street
Lot
- Size: 6,098 sqft
- Features: See Remarks, No Yard
Details
- Parcel number: 3570410039
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stucco
- Roof: Composition
Condition
- Year built: 1949
Utilities & green energy
- Utilities for property: Natural Gas Connected, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
Community & neighborhood
Community
- Community features: None
Location
- Region: Rodeo
HOA & financial
Other financial information
- Total actual rent: 1600
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Estimated market value
$907,100