4
See all 4 photos
Listed by Maurice Carbajal, DRE #01415783 • GCM Realty & Loans
$1,600,000
Est. payment /mo
8 Beds
4 Baths
3,304 SqFt
New
1539 Humboldt Ave San Pablo, CA 94806
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,304 sqft
Price per Sqft $484
MLS Listing ID CC41145950
Bedrooms 8
Year Built 1960
Lot Size 6,000 Sqft
Property Sub-Type Five or More Units
Source Contra Costa Association of Realtors
Property Description
1539 Humboldt Ave is a 5-unit, 100% occupied multifamily asset in San Pablo priced at $320,00 per unit. In-place rents average $2,190 per month against $2,250 market rent. The deal trades at a 5.3% in-place cap rate (12.12x GRM), with a 5.68% pro forma cap rate (11.54x GRM) once rents reach market. The unit mix is uniform: four 830-square-foot two-bedroom, one-bath residences, most with full-size washer/dryer hookups and one larger unit at 900-square feet. Built in 1970, the property sits on a 6,000 SF lot at the end of a cul-de-sac with 3,304 square feet of building and 7 surface parking spaces. The property has direct access to Interstate 880 and proximity to Interstate 580 and the Richmond-San Rafael Bridge, connecting the tenants to Richmond, El Cerrito, San Rafael, and the broader Bay Area. El Cerrito Del Norte BART is a 10-minute drive, putting San Francisco roughly an hour away by transit. Shopping, entertainment, schools and parks are all nearby.
Location
State CA
County Contra Costa
Area San Pablo Proper
Interior
Heating Wall Furnace
Cooling None
Flooring Linoleum, Tile
Laundry In Closet, Laundry Area - In Unit, Hookup - Washer/Dryer , Washer, Community Facility, Dryer
Exterior
Exterior Feature Stucco
Parking Features Off-Site Parking, Parking Area
Garage Spaces 6.0
Roof Type Composition
Building
Lot Description Regular
Others
Tax ID 417-042-002-2
Special Listing Condition New, Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.
GET MORE INFORMATION