Property profile

1449 San Pablo Ave Pinole, CA 94564

OFF-MARKET
Investment properties
Property ID
US09-2690028
4,083 SF 0.1 ac lot Built 1964
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 1449 San Pablo Avenue in Pinole, California, presents a unique investment opportunity. Boasting 4,083 square feet on a 0.1-acre lot, this property offers remarkable versatility. The building currently features four apartments and two office spaces, which can be combined to create a larger, single office space, catering to a variety of business needs. Recent updates include double-paned windows and upgraded laminate flooring in select areas, enhancing both aesthetics and energy efficiency. The property's strategic location near downtown Pinole provides easy access to a vibrant array of shops, restaurants, parks, a library, a post office, public transportation, and major freeways (Highway 80 and Highway 4). Note that this property must be purchased in conjunction with 1429 San Pablo Avenue to secure necessary parking. This combined purchase allows for a seamless live-work arrangement, maximizing the property's income potential and convenience. The asking price for this combined property is $1,370,000. This is a rare chance to acquire a flexible, well-located commercial property with significant upside potential in a thriving community. Don't miss this opportunity to own a piece of Pinole's vibrant commercial landscape.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1964
Construction WOOD FRAME
Total area 4,083 SF
Lot 0.1 ac (4,459 SF)
APN 402-050-022-1
UPID US09-2690028

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Carpet Cleaning Service Commercial Cleaning Service
  • Hair Salon Nail Salon

Location

1449 San Pablo Ave Pinole, CA 94564-2436
Pinole metro Census 359102 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.16M
CAP Approach CAP
$975k
Comparable Approach Comparable
$907k
Blend (final) Blend
$1.13M

Owner & transaction history

since 2022
Last sale
$1.2M
7 recorded transactions
2022
Price N/A
2017
Price N/A
2017
$1.2M
2017
Price N/A
1988
$340,000
1985
Price N/A
1984
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $1.5M +4.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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