5249 Sobrante Ave
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5249 Sobrante Ave
12 Unit Block of Flats £2,607,033 (£217,253/Unit) 6% Net Initial Yield El Sobrante, CA 94803
Investment Highlights
- Each duplex features 3 bedrooms and 1 bathroom, appealing to a wide range of tenants
- All units are currently leased ensuring immediate income for the investor
- The fully leased status mean minimal immediate work for the new owner
- Each unit has its own gas, electric and water meters, simplifying utility management
- Units include refrigerators, stoves, carpet, laminate floors, and dual pane windows
Executive Summary
Price Adjustment- First Republic Real Estate is pleased to present the exclusive opportunity to acquire a prime multi-family investment opportunity in El Sobrante, CA. This exceptional package includes four parcels with a total of six duplexes:
- 5249-51 Sobrante Ave (APN #430-152-038-5)**: Featuring 3 duplexes
- 5245-47 Sobrante Ave (APN #430-152-028-6)**: Featuring 1 duplex
- 1-3 Sobrante Ct (APN #430-152-029-4)**: Featuring 1 duplex
- 5-7 Sobrante Ct (APN #430-152-030-2)**: Featuring 1 duplex
Seize this chance to enhance your portfolio with a fully-leased, revenue generating property . Each duplex unit offers spacious living 3 bedroom 1 bath living arrangements, modern amenities, and individual utility meters. Located conveniently near major shopping centers, schools, and public transportation. This property is an attractive option for both tenants and investors. Assumable CHASE loan, restrictions apply. Please email listing broker Gene Smith at gsmith@pcarweb.com for a complete offering memorandum.
- 5249-51 Sobrante Ave (APN #430-152-038-5)**: Featuring 3 duplexes
- 5245-47 Sobrante Ave (APN #430-152-028-6)**: Featuring 1 duplex
- 1-3 Sobrante Ct (APN #430-152-029-4)**: Featuring 1 duplex
- 5-7 Sobrante Ct (APN #430-152-030-2)**: Featuring 1 duplex
Seize this chance to enhance your portfolio with a fully-leased, revenue generating property . Each duplex unit offers spacious living 3 bedroom 1 bath living arrangements, modern amenities, and individual utility meters. Located conveniently near major shopping centers, schools, and public transportation. This property is an attractive option for both tenants and investors. Assumable CHASE loan, restrictions apply. Please email listing broker Gene Smith at gsmith@pcarweb.com for a complete offering memorandum.
Property Facts
| Price | £2,607,033 | Apartment Style | Low Rise |
| Price Per Unit | £217,253 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.83 AC |
| Net Initial Yield | 6% | Building Size | 10,182 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 1 |
| Property Subtype | Apartment | Year Built | 1942 |
| Price | £2,607,033 |
| Price Per Unit | £217,253 |
| Sale Type | Investment |
| Net Initial Yield | 6% |
| No. Units | 12 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 10,182 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1942 |
Unit Amenities
- Heating
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Double Pane Windows
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+1 | 12 | - | 848 - 849 |
zoning
| Zoning Code | RB (Residential Dwelling) |
| RB (Residential Dwelling) |
-
Gene Smith -
First Republic Real Estate
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