Five-Unit Apartment
670 Tempe Ct Pleasant Hill, CA 94523
670 Tempe Ct, Pleasant Hill, CA, 94523
$1,895,000
For Sale
$1,895,000
Well-maintained five-unit building with varied 2- and 3-bedroom layouts, gas fireplaces, and updated 2026 roof.
Property Size4,662 SF
Price / SF$406.48
Days on Market21
Property Features for 670 Tempe Ct
General Information
- Standard status
- Active
- Size
- 4,662 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1970
Listing agency
NAI Northern California
(925) 588-9740
Listed by
Ethan Berger · License #01868467
(925) 588-9740
Source
Exitrealty
Added: Jul 2 Updated: Jul 21 at 6:01AM Checked: Jul 21 at 6:01AM
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 NAI Northern California
Investment Insights
Based on property information with market context.
This well-maintained five-unit apartment property offers a mixed unit configuration of one 3-bedroom/2-bath unit and four 2-bedroom units (two with 2 baths and two with 1 bath). Each residence includes a gas fireplace, and four of the five units include in-unit laundry. Additional in-unit features include dishwashers, microwave hoods, and electric ranges, supported by a combination of forced-air HVAC and wall-mounted heating and air conditioning.
Recent ownership improvements have been completed to help reduce future capital needs. A new roof was installed in 2026, and the property has been certified as SB 721 compliant. It will be delivered with a clear Section 1 termite report.
The property is located in the non-rent-controlled City of Pleasant Hill. A professionally managed HOA provides landscaping, pool maintenance, and common area upkeep, supporting a more streamlined ownership experience.
Recent ownership improvements have been completed to help reduce future capital needs. A new roof was installed in 2026, and the property has been certified as SB 721 compliant. It will be delivered with a clear Section 1 termite report.
The property is located in the non-rent-controlled City of Pleasant Hill. A professionally managed HOA provides landscaping, pool maintenance, and common area upkeep, supporting a more streamlined ownership experience.
Key Highlights
- Five‑unit apartment building built in 1970 in Pleasant Hill (non‑rent‑controlled city).
- Unit mix: 1 three‑bed/2‑bath unit, 2 two‑bed/2‑bath units, and 2 two‑bed/1‑bath units.
- Each unit includes a gas fireplace; four of five units have in‑unit laundry.
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 | $141.5k | $30.36 |
| − Vacancy | −$6.8k | −$1.46 |
| EGI | $134.7k | $28.90 |
| − OpEx | −$60.6k | −$13.01 |
| NOI | $74.1k | $15.90 |
4,662 SF · lease $30.36/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.06M
$926.4K – $1.24M
NOI $74,109 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,357 @ 7.0% cap · market cap 6.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained five-unit building with varied 2- and 3-bedroom layouts, gas fireplaces, and updated 2026 roof.
Where is this apartment building located?
The property is located at 670 Tempe Ct Pleasant Hill, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Five‑unit apartment building built in 1970 in Pleasant Hill (non‑rent‑controlled city).; Unit mix: 1 three‑bed/2‑bath unit, 2 two‑bed/2‑bath units, and 2 two‑bed/1‑bath units.; Each unit includes a gas fireplace; four of five units have in‑unit laundry.
