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Two-Unit Duplex with Basement
For Sale
$859,000

29 Solano Ave, Bay Point, CA 94565

Residential Income, Bay Point, CA

Property Size2,562 SF
Lot Size0.16 Acres
Price / SF$335.28
Days on Market56

Property Features for 29 Solano Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 4, Bathroom 3
Parking features RV, Garage
Window features Double Pane Windows
Exterior features Lawn Sprinkler
Fencing Fenced
Subdivision Bay Pointe
Lot features 2 Houses / 1 Lot
Directions Willow Pass to Solano ave..
Standard status Active
APN 0960320091
Size 2,562 SF
Lot size 0.16 Acres

Utilities

Sewer type Public Sewer
Heating system Gravity
Cooling system Central Air
Water source Public

Amenities

fruit trees
private gate entrance

Building Details

Year built 1948
Number of units 2
Flooring type Laminate
Roof type Composition
Listing Agency: Lozoya Real Estate
Listed By: Elizabeth Horat · License #01419958
Added: Aug 13 Changed: Sep 30 Last Checked: Oct 7 at 2:06PM
MLS# 41144922

Copyright © 2026 Contra Costa Association of REALTORS®. 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 1948 duplex property contains two separate homes with a combined 2,562 square feet, seven bedrooms, and four full bathrooms. The primary residence has four bedrooms and two bathrooms, along with a basement. The second home offers three bedrooms and two bathrooms and was completed under a building permit. Central air, laminate flooring, a garage, and RV parking are among the property features. The 0.1607-acre parcel also has a fenced yard, lawn sprinklers, and fruit trees.

The property is near Highway 4, BART, and shopping centers. Public water and public sewer serve the site. The two-home setup supports separate residential spaces, with the second residence identified for rental or guest use.

Key Highlights

  • Two separate residences: a 4‑bedroom, 2‑bath main home and a 3‑bedroom, 2‑bath second home
  • 2,562 square feet of building area on a 0.1607‑acre parcel
  • Main residence includes a basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,864
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,280 $877.3K
Cap Rate 7%
$626,629 $626.6K
Cap Rate 9%
$487,378 $487.4K
Market Conditions
NOI Build-Up for 2,562 SF
Gross rent
$66.1K $25.80/SF
− Vacancy
−$3.4K −$1.34/SF
EGI
$62.7K $24.46/SF
− OpEx
−$18.8K −$7.34/SF
NOI
$43.9K $17.12/SF
Area
Contra Costa County, CA
Vacancy
5.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,280
Cap Rate 7%
$626,629
Cap Rate 9%
$487,378

Alternative Uses

Best Use
Multifamily LT 5
$626.6K
$548.3K – $731.1K (±1% cap)
NOI $43,864 @ 7.0% cap · market cap 5.11%
Second Best
Apartment 5plus
$581.8K
$509.1K – $678.8K (±1% cap)
NOI $40,727 @ 7.0% cap · market cap 4.74%
Theoretical Best
Office A
$968.4K
$847.4K – $1.13M (±1% cap)
NOI $67,791 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply Law Firm Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 94565, CA

100,341
Population
31,173
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
45.3 sq mi
ZIP Area
2,215
Density / Sq Mi
$95,035
Median Household Income
$44,149
Median Earnings
$2,145
Median Rent
$563,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two detached residences provide separate living areas, with a seven-bedroom, four-bathroom configuration across the property.
Where is this duplex located?
The property is located at 29 Solano Ave Bay Point, CA.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Two separate residences: a 4‑bedroom, 2‑bath main home and a 3‑bedroom, 2‑bath second home; 2,562 square feet of building area on a 0.1607‑acre parcel; Main residence includes a basement
More about this property
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