Building Details

Year Built 1916

Buildings 1

Stories 2

Listing Agency: Coldwell Banker Show Phone

Listed By: John Caronna · License #01898437 Show Phone

Source: Exitrealty

Added: Aug 23 Changed: Oct 7 Last Checked: Oct 14 at 10:03PM

Report an Issue

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 Coldwell Banker

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This two-story duplex at 722-724 Edwards St. was built in 1916 and includes two residential units with vintage wood flooring, built-in cabinetry, decorative fireplaces, and substantial storage. Both units have private laundry rooms, while the upper unit includes a roomy pantry, double-paned windows, and a stainless steel five-burner range. The property also features a private vintage carriage house, overflow parking access through a driveway easement, and a landscaped rear garden with a patio and multiple seating areas.

The property overlooks the Carquinez Strait and is near downtown Crockett, waterfront recreation, Crockett Hills Regional Park, and the Bay Area Ridge Trail. Interstate 80 is approximately 1 mile away, with drive times of 7 minutes to the Lucky’s and Safeway Center in Hercules, 9 minutes to Trader Joe’s in Pinole, 25 minutes to Berkeley, 30 minutes to Napa, and 36 minutes to San Francisco.

Key Highlights

• Two‑story duplex built in 1916
• Two units with private laundry rooms and ample storage
• Scenic views of the Carquinez Strait and bridge

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,031

Cap Rate

4.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$500,620 $500.6K

Cap Rate 7%

$357,586 $357.6K

Cap Rate 9%

$278,122 $278.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,462 SF

Gross rent

$37.7K $25.80/SF

− Vacancy

−$2.0K −$1.34/SF

EGI

$35.8K $24.46/SF

− OpEx

−$10.7K −$7.34/SF

NOI

$25.0K $17.12/SF

Area

Contra Costa County, CA

Vacancy

5.20%

Lease Rate

$25.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$500,620

Cap Rate 7%

$357,586

Cap Rate 9%

$278,122

Alternative Uses

Best Use

Multifamily LT 5

$357.6K

$312.9K – $417.2K (±1% cap)

NOI $25,031 @ 7.0% cap · market cap 4.11%

Second Best

Apartment 5plus

$332.0K

$290.5K – $387.4K (±1% cap)

NOI $23,241 @ 7.0% cap · market cap 3.82%

Theoretical Best

Office A

$552.6K

$483.6K – $644.8K (±1% cap)

NOI $38,685 @ 7.0% cap · market cap 6.35%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon HVAC Service Law Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

243

Businesses Nearby

Explore this area Business Placement

Demographics for 94525, CA

3,288

Population

1,837

Households

1.8

Avg Household Size

47

Median Age

35%

College-Educated

96%

High-School Grad

2.5 sq mi

ZIP Area

1,315

Density / Sq Mi

$101,850

Median Household Income

$65,337

Median Earnings

$2,186

Median Rent

$709,000

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Similar For Sale Nearby

See more

Downtown Mixed-Use Investment Property

602 2nd Ave, Crockett, CA 94525

$839,990

5,000 SF

View details

Residential Income Property with Views

1135 5Th Ave, Crockett, CA 94525

$1,475,000

3,549 SF

View details

Four-Unit Quadplex Property

1109 Wanda St, Crockett, CA 94525

$1,290,000

6,300 SF

View details

Freestanding Retail Building in Crockett

1301 Pomona St, Crockett, CA 94525

Contact for pricing

5,000 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two residential units offer vintage character, private laundry rooms, storage, and access to landscaped outdoor space.

Where is this duplex located?

The property is located at 722-724 Edwards St Crockett, CA.

What is the asking price?

The asking price for this property is $609,000.

What are key features of this property?

This property features: Two‑story duplex built in 1916; Two units with private laundry rooms and ample storage; Scenic views of the Carquinez Strait and bridge