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Under contract
  • $2,395,000

    71 - 83 Solano Avenue, Bay Point, CA 94565

    4beds
    5,590sqft
    : 
    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $428/sqft
    $-- HOA

    What's special

    Incredible income-producing 15-unit apartment complex with steady cash flow and room for growth! 71-83 Solano Ave. presents a rare opportunity to acquire a turnkey multi-family asset with an assumable loan at an attractive 3.6 interest rate, subject to lender and seller approval. This property boasts a strong in-place cap rate making it a compelling acquisition for both seasoned and value-add investors. The unit mix includes studios and 1-bed layouts, attracting stable tenancy across multiple demographics. The property is situated on a large lot with potential for future development or expansion (buyer to verify). Updated exterior features, solid rent roll, and professional property management already in place make for a low-maintenance investment with immediate cash flow and upside potential. Located in Contra Costa County's growing Bay Point market, with close proximity to BART, Highway 4, and regional employment centers. Ideal for 1031 exchange buyers, LLC investors, or those seeking a long-term portfolio hold.
    89 days
    on Zillow
    |
    10
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: May 17, 2025 at 07:37am

    Listed by:

    Ryan Nemeyer DRE #01946382 707-673-6095,

    Engel & Volkers Napa 707-927-1050,

    Adriana Cueva DRE #02163721 707-304-6574,

    Realty One Group FOX

    Source: BAREIS,MLS#: 325041704MLS LogoOriginating MLS: Napa
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • Window Unit(s)
    Appliances
    • Included: See Remarks
    • Laundry: Other
    Interior area
    • Total structure area: 5,590
    • Total interior livable area: 5,590 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Uncovered
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.66 Acres
    • Features: Other
    Details
    • Parcel number: 0960320315
    • Zoning: M-17 County
    • Special conditions: Offer As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Pittsburg

    Financial & listing details

    • Price per square foot: $428/sqft
    • Date on market: 5/8/2025
    • Tenant pays: Electricity, Gas, Trash Collection
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