Updated Duplex with
512 Tennent Ave Pinole, CA 94564
For Sale
$785,000
Duplex in Pinole with an updated rear owners unit, a long-term front tenant, and off-street parking.
Property Size1,410 SF
Price / SF$556.74
Days on Market29
Property Features for 512 Tennent Ave
General Information
- Standard status
- Active
- Size
- 1,410 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1953
Listing Agency:
Watkins Real Estate
(510) 278-2121
Listed By:
Ralph Watkins III · License #00977204
(510) 278-2121
Source:
Exitrealty
Added: Jun 26
Changed: Jul 23
Last Checked: Jul 23 at 8:23AM
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 Watkins Real Estate
Investment Insights
Based on property information with market context.
This duplex offers two separate living units, including an owners unit in the rear that was updated approximately eight years ago. The front unit is occupied by a long-time tenant. A two-car garage is currently used by the owner, and tenants have off-street parking available on the driveway.
The property is located in Pinole directly across the street from Fernandez Park. It is also within walking distance to the Pinole Senior Center and Bayfront Park. Highway 80 is accessible in less than a mile, and Highway 4 is also easily accessible.
Additional information noted includes sewer line compliance and reported strong rental performance.
The property is located in Pinole directly across the street from Fernandez Park. It is also within walking distance to the Pinole Senior Center and Bayfront Park. Highway 80 is accessible in less than a mile, and Highway 4 is also easily accessible.
Additional information noted includes sewer line compliance and reported strong rental performance.
Key Highlights
- 1953 duplex in Pinole with an updated rear owners unit (updated approx. 8 years ago)
- Front unit has a long‑time tenant
- Tenants have off‑street parking on the driveway
Financial Insights For Multifamily LT 5
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 | $36.4k | $25.80 |
| − Vacancy | −$1.9k | −$1.34 |
| EGI | $34.5k | $24.46 |
| − OpEx | −$10.3k | −$7.34 |
| NOI | $24.1k | $17.12 |
1,410 SF · lease $25.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$344.9K
$301.8K – $402.3K
NOI $24,140 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$320.2K
$280.2K – $373.6K
NOI $22,414 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$533.0K
$466.4K – $621.8K
NOI $37,309 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex in Pinole with an updated rear owners unit, a long-term front tenant, and off-street parking.
Where is this duplex located?
The property is located at 512 Tennent Ave Pinole, CA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 1953 duplex in Pinole with an updated rear owners unit (updated approx. 8 years ago); Front unit has a long‑time tenant; Tenants have off‑street parking on the driveway
