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    San Pablo Multifamily Investment Opportunity Title is generated by Realmo AI

    1518 Beau Rivage, San Pablo, CA 94806

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    Claim this Listing
    Pending
    $699,000

    MULTI_FAMILY - San Pablo, CA

    Property size:
    3,000 SF
    Lot size:
    0.14 Acres
    Added:
    May 18, 2026
    Days on Market:
    51
    Last Refresh:
    Jul 7 at 9:06 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
    Pending
    Size
    3,000 SF
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1938
    Flooring type
    Tile, Laminate, Unfinished, Hardwood
    Building materials
    Siding - Stucco

    We can help!

    Contact an agent
    Michael Hughey

    Listing agent Michael Hughey License #01099878

    Listing office RE/MAX Accord 505 14th Street Ste. 900, Danville, CA

    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 3rd non‑conforming unit
    • Main house income listed at $2,695/month including the non‑conforming unit
    • Second home on Alpine is rented at $1,450/month; second house built in the mid‑1990s
    • High‑up San Pablo hills setting with views of the Bay and surrounding hills
    • Off‑street parking with garage and parking lot; fenced property
    • Public water and public sewer; year built 1938 for the main house

    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 (±1% cap)
    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 (±1% cap)
    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

    Suggested Use

    Law Firm Real Estate Agency Department Store Gym & Fitness Center Discount Store Home Appliance Store Travel Agency Tech Support Center Cosmetic Store Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Pablo
    County
    Contra Costa
    State
    California
    Longitude
    -122.324133
    Latitude
    37.95575

    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 3rd non‑conforming unit; Main house income listed at $2,695/month including the non‑conforming unit; Second home on Alpine is rented at $1,450/month; second house built in the mid‑1990s
    More about this property
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