Residential Income Triplex
1518 Beau Rivage San Pablo, CA 94806
1518 Beau Rivage, San Pablo, CA, 94806
$699,000
Pending
For Sale
$699,000
Pending
MULTI_FAMILY - San Pablo, CA
Property Size3,000 SF
Lot Size0.14 Acres
Days on Market66
Property Features for 1518 Beau Rivage
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 3
- Parking features
- Off Street, Garage, Parking Lot
- Exterior features
- Front Yard
- Fencing
- Fenced
- Standard status
- Pending
- Size
- 3,000 SF
- Lot size
- 0.14 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1938
- Flooring type
- Tile, Hardwood, Laminate, Unfinished
- Building materials
- Siding - Stucco
Listing agency
RE/MAX Accord
(510) 339-4100
Listed by
Michael Hughey · License #01099878
(510) 915-3235
Added: May 18 Updated: Jul 12 at 5:30AM Checked: Jul 22 at 6:06PM
MLS# 41135223
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property includes two homes on one lot, along with a third non-conforming unit. The main house is currently generating income, which the remarks state includes the non-conforming unit. A second home is leased, and the second house is described as being built in the mid-1990s. The property is described as consistently occupied, and the homes are noted as needing significant work while remaining livable.
Located high in the San Pablo hills with views of the Bay and surrounding hills, the property is described as close to outdoor activity and Wild Cat Canyon. Off-street parking is available.
The offering is structured for buyers to review and confirm all possibilities with the County, including whether the homes could be subdivided into parcels.
Located high in the San Pablo hills with views of the Bay and surrounding hills, the property is described as close to outdoor activity and Wild Cat Canyon. Off-street parking is available.
The offering is structured for buyers to review and confirm all possibilities with the County, including whether the homes could be subdivided into parcels.
Key Highlights
- 2 homes on 1 lot, plus a 3rd non‑conforming unit; all have been described as always occupied
- Current income noted: $2,695 for the main house that includes the non‑conforming unit
- Second home on Alpine is rented for $1,450; second house was built in the mid 1990s
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $77.4k | $25.80 |
| − Vacancy | −$4.0k | −$1.34 |
| EGI | $73.4k | $24.46 |
| − OpEx | −$22.0k | −$7.34 |
| NOI | $51.4k | $17.12 |
3,000 SF · lease $25.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$733.8K
$642.0K – $856.1K
NOI $51,363 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$681.3K
$596.1K – $794.8K
NOI $47,689 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$1.13M
$992.3K – $1.32M
NOI $79,380 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Two conforming homes plus a third non-conforming unit on one lot with off-street parking.
Where is this triplex located?
The property is located at 1518 Beau Rivage San Pablo, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2 homes on 1 lot, plus a 3rd non‑conforming unit; all have been described as always occupied; Current income noted: $2,695 for the main house that includes the non‑conforming unit; Second home on Alpine is rented for $1,450; second house was built in the mid 1990s
