San Pablo Multifamily Investment
1518 Beau Rivage, San Pablo, CA 94806
MULTI_FAMILY - San Pablo, CA
Property size:
3,000 SFLot size:
0.14 AcresPrice / SF:
$233/SF- Added:
- May 18, 2026
- Days on Market:
- 13
- Last Refresh:
- May 30 at 11:06 am
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
- Active
- Size
- 3,000 SF
- Lot size
- 0.14 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1938
- Flooring type
- Hardwood, Tile, Laminate, Unfinished
- Building materials
- Siding - Stucco
Listing agent Michael Hughey License #01099878 (510) 915-3235
Listing office RE/MAX Accord 505 14th Street Ste. 900, Danville, CA (510) 339-4100
Listing date May 18, 2026
MLS# 41135223
Listing URL
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.
HighLights
- Two homes on one lot, plus a non‑conforming unit, providing immediate rental income.
- Enjoy views of the Bay and surrounding hills from this high location in the San Pablo hills.
- Existing rental income of $2695 (main house including non‑conforming unit) + $1450 (2nd house).
- Potential for increased rents from all units.
- Second house built in the mid 90s.
- Ample off‑street parking.
Overview
This multifamily property in San Pablo, California, features two homes on a single lot, along with a third non-conforming unit. Situated high in the San Pablo hills, the property offers views of the bay and surrounding hills and is located close to outdoor activities at Wild Cat Canyon. The main house, which includes the non-conforming unit, currently generates $2695 in rent. The second home, built in the mid-90s and located on Alpine, is rented for $1450. The property, with a lot size of 0.1446 acres, provides ample off-street parking. While the homes require work, they are livable and offer significant potential for increased rents. The property's total size is approximately 3000 square feet. There is potential for subdividing the two homes onto two parcels, which could further enhance its value. Buyers should verify all possibilities with the County.
Local Financial Insights For Apartment 5plus
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 | $91.1k | $30.36 |
| − Vacancy | −$4.4k | −$1.46 |
| EGI | $86.7k | $28.90 |
| − OpEx | −$39.0k | −$13.01 |
| NOI | $47.7k | $15.90 |
3,000 SF · lease $30.36/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$681.3K
$596.1K – $794.8K
NOI $47,689 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
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 Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- San Pablo
- County
- Contra Costa
- State
- California
- Longitude
- -122.324133
- Latitude
- 37.95575
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Two homes plus non-conforming unit with bay views.
Where is this multifamily property 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: Two homes on one lot, plus a non‑conforming unit, providing immediate rental income.; Enjoy **views of the Bay and surrounding hills** from this high location in the San Pablo hills.; Existing rental income of $2695 (main house including non‑conforming unit) + $1450 (2nd house).
