Assisted Living Property with
New
For Sale
$659,000
1408 Oakmont Pl, Pittsburg, CA 94565
The tenant-occupied residence has a backyard, patio, and dedicated storage space.
Property Size1,619 SF
Lot Size0.19 Acres
Price / SF$407.04
Days on Market7
Property Features for 1408 Oakmont Pl
General Information
Standard status
Active
Size
1,619 SF
Total Parking Spaces
2
Lot size
0.19 Acres
Property subtype
Commercial
Amenities
generous backyard
patio area
additional storage
Building Details
Year Built
1981
Stories
1
Tenancy
Single
Listed By:
Mario Valle
(925) 318-1527
Source:
Elliman
Added: Oct 7
Last Checked: Oct 12 at 8:59PM
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 Mario Valle
Investment Insights
Based on property information with market context.
This single-story assisted living property in Pittsburg contains approximately 1,619 square feet on an approximately 8,160-square-foot lot. Its current layout includes five bedrooms, and the property is leased for residential care use with a stated six-bed RCFE operation. An attached two-car garage, backyard, patio, and additional storage provide further on-site features.
The offering covers the real estate only; the existing care business and its license are excluded. The property is occupied by a tenant, and the lease includes a landlord termination provision requiring 60 days’ written notice, subject to applicable law. Tours are by appointment, and occupants are not to be disturbed.
The offering covers the real estate only; the existing care business and its license are excluded. The property is occupied by a tenant, and the lease includes a landlord termination provision requiring 60 days’ written notice, subject to applicable law. Tours are by appointment, and occupants are not to be disturbed.
Key Highlights
- Single‑story property with approximately 1,619 square feet
- Approximately 8,160‑square‑foot lot in Pittsburg
- Five‑bedroom layout; currently operated as a 6‑bed RCFE
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,736
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,720
$514.7K
Cap Rate 7%
$367,657
$367.7K
Cap Rate 9%
$285,956
$286.0K
Market Conditions
NOI Build-Up for 1,619 SF
Gross rent
$49.2K $30.36/SF
− Vacancy
−$2.4K −$1.46/SF
EGI
$46.8K $28.90/SF
− OpEx
−$21.1K −$13.01/SF
NOI
$25.7K $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 Rate 5%
$514,720
Cap Rate 7%
$367,657
Cap Rate 9%
$285,956
Alternative Uses
Best Use
Apartment 5plus
$367.7K
$321.7K – $428.9K
NOI $25,736 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$612.0K
$535.5K – $714.0K
NOI $42,839 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- Home Away From Home Senior Facility — 4234 Goldenhill Dr, Pittsburg, CA 94565
- Golden home RCFE — 4234 Goldenhill Dr, Pittsburg, CA 94565
- Angelfield Services — 1121 Ventura Dr, Pittsburg, CA 94565
- Fam Care Homes, LLC — 1502 Peppertree Pl, Pittsburg, CA 94565
- Green Pastures Residences-Oakmont Manor — 1408 Oakmont Pl, Pittsburg, CA 94565
Frequently Asked Questions
What type of property is this?
Assisted living facility - The tenant-occupied residence has a backyard, patio, and dedicated storage space.
Where is this assisted living facility located?
The property is located at 1408 Oakmont Pl Pittsburg, CA.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Single‑story property with approximately 1,619 square feet; Approximately 8,160‑square‑foot lot in Pittsburg; Five‑bedroom layout; currently operated as a 6‑bed RCFE
