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17,832 sqft

$5,795,000

1640 23rd St, San Pablo CA, 94806

Price per sqft$324.98
Built in1984
Property size17,832 sqft
Property typeCommercial

Overview

Active

Listed Jun 23, 2026

Updated 8 days ago

Well-maintained multifamily investment opportunity featuring an attractive assumable loan (approx. $3.5M balance at 3.95% fixed through Dec. 2029), extensive recent capital improvements, and a highly desirable unit mix of spacious 2-bedroom, 2-bathroom apartments. Recent upgrades include new siding and trim, fresh exterior paint, enhanced landscaping, and renovated units with updated kitchens, baths, flooring, lighting, appliances, and window improvements. Residents enjoy in-unit laundry hookups, forced-air heating, dishwashers, private patios/balconies, and gated covered parking. Centrally located in San Pablo with convenient access to Richmond BART, Contra Costa College, I-80, and major East Bay employment centers. Strong occupancy, reduced near-term capital needs, and no local rent control ordinance provide excellent operational flexibility and long-term growth potential.

Additional information

MLS® ID
41139267

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.56 Acres
MLS provider logo

Listed by Ethan Berger, with NAI Northern California
Listing Contact: 925-588-9740 

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