Rare opportunity to acquire a well-maintained 36-unit multifamily gated community comprised entirely of spacious two-story townhouse-style apartments. All units feature a desirable 2-bedroom/1.5-bathroom floor plan with central forced heating, air conditioning, assigned on-site parking, and functional layouts that continue to attract long-term tenants. Situated on approximately 1.50 acres, the property consists of five (5) residential buildings, an on-site leasing/manager's office, swimming pool, 34-covered carport spaces, and 20 uncovered parking spaces. Significant recent capital improvements include Newer Roofs on all main buildings (2019), New Siemens Electrical Sub-panels installed throughout all 36-units (2025), with New Parking Lot Asphalt and Carport Roofs scheduled for completion in late summer, 2026. -- The property offers investors an attractive combination of stable in-place income and long-term upside within the strong Contra Costa County rental market. An exceptional opportunity to acquire a pride-of-ownership asset featuring large townhouse-style units, extensive recent improvements, and excellent long-term investment fundamentals.
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Zillow last checked:
Listing updated:
Listed by:
Nate Gustavson01898316415-786-9410,
Compass415-874-5000,
Cameron Foster00972394415-699-6168
Source: MLSListings Inc,MLS#: ML82056055
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Kitchen
Features: Countertop_Formica
Heating
Central Forced Air, Forced Air
Cooling
Wall/Window Unit(s)
Appliances
Included: Dishwasher, Electric Oven/Range
Laundry: Coin Operated
Features
Flooring: Carpet, Laminate, Vinyl Linoleum
Doors: Other
Interior area
Total structure area: 38,880
Total interior livable area: 38,880 sqft
Property
Parking
Total spaces: 20
Parking features: Assigned, Carport, Guest
Has carport: Yes
Accessibility
Accessibility features: Other, Parking
Features
Pool features: Community
Lot
Size: 1.5 Acres
Details
Parcel number: 1133050037
Zoning: CMX Commercial Mixed-Use
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income
Materials
Foundation: Slab
Roof: Composition, Shingle
Condition
Year built: 1963
Utilities & green energy
Gas: IndividualGasMeters
Sewer: Public Sewer
Water: Public
Utilities for property: Water Public
Community & HOA
HOA
Amenities included: Community Pool, Community Security Gate
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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