5-Unit Apartment
1539 Humboldt Ave, San Pablo, CA 94806
For Sale
$1,600,000
All residences are occupied, with surface parking and washer/dryer connections in most units.
Property Size3,304 SF
Lot Size0.14 Acres
Price / SF$484.26
Days on Market79
Property Features for 1539 Humboldt Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Financials
Cap Rate
Gross Rent Multiplier
Average Monthly Rent
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
washer/dryer hookups
Storage
Building Details
Building Size
Year Built
Listing Agency:
GCM Realty & Loans
(925) 602-1900
Listed By:
Maurice Carbajal · License CA #01415783
(510) 387-7954
Source:
Buckleyrealty
Added: Aug 23
Changed: Nov 9
Last Checked: Nov 9 at 9:16AM
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 GCM Realty & Loans
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Investment Insights
Based on property information with market context.
This San Pablo apartment property contains five residences within 3,304 square feet of building area. Four units measure 830 square feet and each has two bedrooms and one bathroom; the fifth is 900 square feet. Most residences have full-size washer and dryer hookups. The property is fully occupied and includes seven surface parking spaces on a 6,000-square-foot lot. In-place performance is reported at a 5.3% cap rate and 12.12x GRM, with pro forma figures of 5.68% and 11.54x GRM at market rents.
The site is at 1539 Humboldt Ave, at the end of a cul-de-sac. Interstate 880 is directly accessible, with Interstate 580 and the Richmond-San Rafael Bridge nearby. El Cerrito Del Norte BART is a 10-minute drive away; transit to San Francisco takes roughly an hour. Shopping, entertainment, schools, and parks are nearby.
The site is at 1539 Humboldt Ave, at the end of a cul-de-sac. Interstate 880 is directly accessible, with Interstate 580 and the Richmond-San Rafael Bridge nearby. El Cerrito Del Norte BART is a 10-minute drive away; transit to San Francisco takes roughly an hour. Shopping, entertainment, schools, and parks are nearby.
Key Highlights
- Five residences; 100% occupied
- Four 830‑square‑foot units, each with two bedrooms and one bathroom
- One additional 900‑square‑foot residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,522
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,440
$1.1M
Cap Rate 7%
$750,314
$750.3K
Cap Rate 9%
$583,578
$583.6K
Market Conditions
NOI Build-Up for 3,304 SF
Gross rent
$100.3K $30.36/SF
− Vacancy
−$4.8K −$1.46/SF
EGI
$95.5K $28.90/SF
− OpEx
−$43.0K −$13.01/SF
NOI
$52.5K $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%
$1,050,440
Cap Rate 7%
$750,314
Cap Rate 9%
$583,578
Alternative Uses
Best Use
Apartment 5plus
$750.3K
$656.5K – $875.4K
NOI $52,522 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,424 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
614
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
$582,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Contra Costa County, CA
Properties on Market for Apartment buildings in Contra Costa County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - All residences are occupied, with surface parking and washer/dryer connections in most units.
Where is this apartment building located?
The property is located at 1539 Humboldt Ave San Pablo, 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: Five residences; 100% occupied; Four 830‑square‑foot units, each with two bedrooms and one bathroom; One additional 900‑square‑foot residence
