4-Unit Multifamily
New
For Sale
$988,888
1421 Bush Ave, San Pablo, CA 94806
Residential Income, San Pablo, CA
Property Size2,002 SF
Lot Size0.10 Acres
Price / SF$493.95
Days on Market4
Property Features for 1421 Bush Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2
Parking features
Off Street
Exterior features
Front Yard, Side Yard
Fencing
Fenced
Subdivision
City Center
Lot features
Corner Lot
Directions
San Pablo Ave to Rumrill to Bush..
Standard status
Active
APN
4102520139
Size
2,002 SF
Lot size
0.10 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
water, gas
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1959
Number of units
4
Flooring type
Laminate
Building materials
Stucco
Listing Agency:
Security Pacific Real Estate
(510) 222-8340
Listed By:
Jordan Burns · License #01997249
(707) 344-5233
Added: Oct 29
Changed: Oct 31
Last Checked: Nov 1 at 10:06AM
MLS# 41150550
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.
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Investment Insights
Based on property information with market context.
This four-unit multifamily property contains four one-bedroom, one-bathroom units. Three are occupied, and the fourth is vacant. The 2,002-square-foot property sits on a 0.0973-acre lot and was built in 1959. Stucco exterior construction, laminate flooring, and wall-furnace heating are reported. Each unit has its own water and gas meter.
Outdoor features include a front yard, side yard, and fenced grounds. Off-street parking is available, and the property is served by public water and public sewer.
Outdoor features include a front yard, side yard, and fenced grounds. Off-street parking is available, and the property is served by public water and public sewer.
Key Highlights
- Four 1‑bedroom, 1‑bathroom units
- Three units occupied; one unit vacant
- Four separate water meters and four separate gas meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,276
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$685,520
$685.5K
Cap Rate 7%
$489,657
$489.7K
Cap Rate 9%
$380,844
$380.8K
Market Conditions
NOI Build-Up for 2,002 SF
Gross rent
$51.7K $25.80/SF
− Vacancy
−$2.7K −$1.34/SF
EGI
$49.0K $24.46/SF
− OpEx
−$14.7K −$7.34/SF
NOI
$34.3K $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%
$685,520
Cap Rate 7%
$489,657
Cap Rate 9%
$380,844
Alternative Uses
Best Use
Multifamily LT 5
$489.7K
$428.5K – $571.3K
NOI $34,276 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$454.6K
$397.8K – $530.4K
NOI $31,825 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$756.8K
$662.2K – $882.9K
NOI $52,973 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
898
Businesses Nearby
Explore this area
Business Placement
Demographics for 94806, CA
64,589
Population
21,360
Households
3
Avg Household Size
36
Median Age
23%
College-Educated
79%
High-School Grad
7.9 sq mi
ZIP Area
8,176
Density / Sq Mi
$82,818
Median Household Income
$43,355
Median Earnings
$2,013
Median Rent
$582,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Three occupied apartments provide rental income, while a vacant unit adds flexibility for the next owner.
Where is this quadplex located?
The property is located at 1421 Bush Ave San Pablo, CA.
What is the asking price?
The asking price for this property is $988,888.
What are key features of this property?
This property features: Four 1‑bedroom, 1‑bathroom units; Three units occupied; one unit vacant; Four separate water meters and four separate gas meters
