Residential Income Property with
For Sale
$1,600,000
1135 5Th Ave, Crockett, CA 94525
Historic residential asset with flexible interior spaces, multiple parking options, outdoor areas, and broad views toward water, hills, and downtown.
Property Size3,549 SF
Price / SF$450.83
Days on Market9
Property Features for 1135 5Th Ave
General Information
Standard status
Active
Size
3,549 SF
Property subtype
Residential Income
Amenities
Ceiling Fan(s), Central Air, Wall/Window Unit(s), None
Forced Air, Wall Furnace, Fireplace(s)
Gas Water Heater
Storage, Cathedral Ceiling(s), Wet Bar
City Lights, Downtown, Park/Greenbelt, Hills, Panoramic, Water
Fenced
Garage Door Opener, Attached, Enclosed, Garage, Off Street, Parking Lot, Deck, Garage Faces Front, On Street
Storage, Garden
Building Details
Building Size
3,549 SF
Year Built
1920
Listing Agency:
Better Homes Realty
(510) 541-5776
Listed By:
Jan Orsi-McCullough · License #00824246
(510) 541-5776
Source:
Evrealestate
Added: Aug 8
Changed: Aug 12
Last Checked: Aug 15 at 4:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes Realty
Investment Insights
Based on property information with market context.
Built in 1920, this 3,549-square-foot residential income property combines traditional character with a range of functional interior features. The residence includes central air, wall or window units, forced-air heating, a wall furnace, fireplace features, a gas water heater, storage, cathedral ceilings, and a wet bar.
Exterior amenities include an attached enclosed garage with opener, off-street and on-street parking, a deck, fencing, and garden storage. The property also offers outlooks toward city lights, downtown, park or greenbelt areas, hills, and water. Located at 1135 5th Ave in Crockett, within Contra Costa County, the property is reached via 2nd to Francis to 5th.
Exterior amenities include an attached enclosed garage with opener, off-street and on-street parking, a deck, fencing, and garden storage. The property also offers outlooks toward city lights, downtown, park or greenbelt areas, hills, and water. Located at 1135 5th Ave in Crockett, within Contra Costa County, the property is reached via 2nd to Francis to 5th.
Key Highlights
- 3,549‑square‑foot residential income property built in 1920
- Views toward city lights, downtown, park/greenbelt, hills, and water
- Attached enclosed garage with garage door opener
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,417
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,128,340
$1.1M
Cap Rate 7%
$805,957
$806.0K
Cap Rate 9%
$626,856
$626.9K
Market Conditions
NOI Build-Up for 3,549 SF
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.
Gross rent
$107.7K $30.36/SF
− Vacancy
−$5.2K −$1.46/SF
EGI
$102.6K $28.90/SF
− OpEx
−$46.2K −$13.01/SF
NOI
$56.4K $15.90/SF
Area
Contra Costa County, CA
Vacancy
4.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,128,340
Cap Rate 7%
$805,957
Cap Rate 9%
$626,856
Alternative Uses
Best Use
Apartment 5plus
$806.0K
$705.2K – $940.3K
NOI $56,417 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,907 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 94525, CA
3,288
Population
1,837
Households
1.8
Avg Household Size
47
Median Age
35%
College-Educated
96%
High-School Grad
2.5 sq mi
ZIP Area
1,315
Density / Sq Mi
$101,850
Median Household Income
$65,337
Median Earnings
$2,186
Median Rent
$709,000
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Historic residential asset with flexible interior spaces, multiple parking options, outdoor areas, and broad views toward water, hills, and downtown.
Where is this residential income property located?
The property is located at 1135 5Th Ave Crockett, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 3,549‑square‑foot residential income property built in 1920; Views toward city lights, downtown, park/greenbelt, hills, and water; Attached enclosed garage with garage door opener
