Albany Multifamily Investment
For Sale
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605 San Pablo Ave, Albany, CA 94706
Well-maintained 10-unit apartment building in a desirable location.
Property Size4,320 SF
Price / SF$629.63
Days on Market188
Property Features for 605 San Pablo Ave
General Information
Standard status
Active
Size
4,320 SF
Class
B
Property subtype
Multifamily
Investment Type
Stabilized
Net Operating Income
$140,410
Building Details
Year Built
1960
Year Renovated
2025
Listing Agency:
Berkshire Hathaway HomeServices Drysdale Properties Oakland
Listed By:
Monjid Aldiyyat · License #CA 01973084
Source:
Crexi
Added: Mar 23
Changed: Aug 14
Last Checked: Aug 14 at 10:01AM
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 Berkshire Hathaway HomeServices Drysdale Properties Oakland
Investment Insights
Based on property information with market context.
The property at 605 San Pablo Avenue is a 10-unit multifamily asset located in Albany. The unit mix consists of ten 1-bedroom and 1-bathroom units. Tenant amenities include on-site parking, on-site laundry facilities, and perimeter fencing. All units are individually metered for gas and electricity. The units feature functional layouts and living spaces. A majority of the units have been fully renovated with hardwood flooring in the living and bedroom areas, along with updated linoleum flooring and refreshed countertops in the kitchens. Additional capital improvements include a new roof and new water heaters, both installed in 2025. The property is currently fully occupied. This asset is suitable for investors seeking a stabilized asset in Albany. The property size is 4320 square feet.
Key Highlights
- Fully occupied 10‑unit multifamily asset providing immediate and consistent in‑place cash flow.
- Located in Albany, one of the East Bay’s most desirable rental markets.
- Majority of units fully renovated with hardwood flooring, updated linoleum, and refreshed countertops.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,231
Businesses Nearby
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Business Placement
Demographics for 94706, CA
21,134
Population
8,386
Households
2.5
Avg Household Size
37
Median Age
77%
College-Educated
97%
High-School Grad
1.5 sq mi
ZIP Area
14,089
Density / Sq Mi
$136,961
Median Household Income
$75,849
Median Earnings
$2,394
Median Rent
$1,188,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 10-unit apartment building in a desirable location.
Where is this apartment building located?
The property is located at 605 San Pablo Ave Albany, CA.
What is the asking price?
The asking price for this property is $2,720,000.
What are key features of this property?
This property features: Fully occupied 10‑unit multifamily asset providing immediate and consistent in‑place cash flow.; Located in Albany, one of the East Bay’s most desirable rental markets.; Majority of units fully renovated with hardwood flooring, updated linoleum, and refreshed countertops.
