340 Cumberland St Pittsburg, CA 94565
- Office buildings
- 4,204 SF
- 0.09 lot acres
Current Use by Public Records
- Office buildings
Property Details for 340 Cumberland St
- Year built
- 1926
- Construction
- CONCRETE
- Lot size
- 0.09 lot acres
- Property size
- 4,204 SF
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 085-108-009-3
- APU
- 851080093
Description
This exceptional newly remodeled building at 340 Cumberland St, Pittsburg, CA, presents a unique live/work opportunity, subject to city verification by the buyer. The ground floor boasts prime commercial space, ideal for a variety of businesses. Features include prominent building window signage, a dedicated visitor entry, an open work area perfect for collaboration, two private offices for focused work, a convenient guest half-bath, and a comfortable break room. Separate utility metering for the first and second floors ensures efficient cost management. Ample parking is available, with street parking directly in front and a free city parking lot conveniently located across the street. Upstairs, a completely separate residential unit offers a private entrance adjacent to the office entrance, providing ultimate flexibility and privacy. This spacious living area includes four bedrooms, a living room, a laundry room, a full bathroom plus a half-bath, and a modern kitchen equipped with stone countertops and updated cabinetry. The entire building is secured with a comprehensive alarm system. This property offers diverse income potential: owner-occupancy with a portion leased, leasing the entire building as an income property, or utilizing the entire space for a single business. The 0.09-acre lot provides a manageable footprint for this versatile property, priced at $799,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $475,000
- 6.5%
- $470,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $415,000
- Geo Method
- $450,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $435,000
- Mixed-Use
- $500,000
- Hospitality
- $470,000
- Educational
- $470,000
- Residential Income
- $420,000
- Energy
- $400,000
- Income-Based Land
- $505,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Pittsburg
- County
- Contra Costa
- State
- California
- Longitude
- -121.883
- Latitude
- 38.0329
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
