Apartment Building with
For Sale
$1,300,000
521 Laurel Ave, Pinole, CA 94564
Commercial Sale, Pinole, CA
Property Size4,851 SF
Lot Size0.19 Acres
Price / SF$267.99
Days on Market51
Property Features for 521 Laurel Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
9
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 7, Bathroom 3, Bathroom 2, Bedroom 6, Bedroom 3, Bedroom 2, Bathroom 5, Bathroom 4, Bathroom 1, Bedroom 9, Bedroom 5, Bedroom 1, Bedroom 8, Bedroom 4
Parking features
Carport, Assigned
Subdivision
Bayview Vista
Lot features
Sloped Up
Directions
Off San Pablo Ave to Laurel Ave.
Standard status
Active
APN
4010940130
Size
4,851 SF
Lot size
0.19 Acres
Additional Details
Tenant in Place
Yes
Utilities
Heating system
Forced Air, Wall Furnace
Water source
Public
Building Details
Year built
1970
Number of units
5
Flooring type
Laminate
Building materials
Stucco
Roof type
Rolled Hot Mop
Buildings
1
Listing Agency:
eXp Realty of California, Inc.
(888) 584-9427
Listed By:
Monica Guerra
(925) 360-7326
Added: Sep 17
Changed: Oct 31
Last Checked: Nov 6 at 5:06AM
MLS# 41148517
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 5-unit apartment property contains four two-bedroom, one-bath residences plus a larger three-bedroom residence with one full bath and one half bath. The 4,851-square-foot building was constructed in 1970 and features spacious living areas, bedrooms, laminate flooring, stucco construction, wall-furnace and forced-air heating, and balconies. Parking is provided through carport and assigned spaces, with public water service.
Property improvements include dual-pane windows, balcony work completed 6 years ago, a roof replacement 5 years ago, and driveway resurfacing with asphalt and slurry seal completed 5 years ago. Tenants are responsible for their gas and electric service.
The 0.1928-acre property is located at 521 Laurel Ave in Pinole, within walking distance of Fernandez Park, local shops, Old Town Pinole, and the downtown weekly farmers market.
Property improvements include dual-pane windows, balcony work completed 6 years ago, a roof replacement 5 years ago, and driveway resurfacing with asphalt and slurry seal completed 5 years ago. Tenants are responsible for their gas and electric service.
The 0.1928-acre property is located at 521 Laurel Ave in Pinole, within walking distance of Fernandez Park, local shops, Old Town Pinole, and the downtown weekly farmers market.
Key Highlights
- 5‑unit apartment building with four 2‑bedroom units and one 3‑bedroom unit
- 4,851 square feet on a 0.1928‑acre site
- Balconies serving the residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,114
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,542,280
$1.5M
Cap Rate 7%
$1,101,629
$1.1M
Cap Rate 9%
$856,822
$856.8K
Market Conditions
NOI Build-Up for 4,851 SF
Gross rent
$147.3K $30.36/SF
− Vacancy
−$7.1K −$1.46/SF
EGI
$140.2K $28.90/SF
− OpEx
−$63.1K −$13.01/SF
NOI
$77.1K $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%
$1,542,280
Cap Rate 7%
$1,101,629
Cap Rate 9%
$856,822
Alternative Uses
Best Use
Apartment 5plus
$1.10M
$963.9K – $1.29M
NOI $77,114 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.83M
$1.60M – $2.14M
NOI $128,357 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
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Business Placement
Demographics for 94564, CA
19,024
Population
7,285
Households
2.6
Avg Household Size
44
Median Age
39%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
2,798
Density / Sq Mi
$120,833
Median Household Income
$55,841
Median Earnings
$2,738
Median Rent
$697,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Downtown multifamily property with varied unit layouts, private balconies, assigned parking, and documented capital improvements.
Where is this apartment building located?
The property is located at 521 Laurel Ave Pinole, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 5‑unit apartment building with four 2‑bedroom units and one 3‑bedroom unit; 4,851 square feet on a 0.1928‑acre site; Balconies serving the residences
