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815 San Pablo Ave
Pinole, CA 94564 Outer Richmond/Martinez

$1,600,000 USD

Apartments For Sale • 4,588 SF

Property Details

Property Type Apartments
Total Building Size 4,588 SF
Lot Size 0.2 AC
Building Class B
Year Built 2001
Cap Rate 4.48 %
Zoning CMU

0 Transit Score

67 Walk Score

                
                    Highlights
                
                                Low Maintenance w Newer 2001 Construction - Pride of ownership helps keep ongoing maintenance costs low.
                            
                                Minimal Insurance Issues - Insurance concerns alleviated with modern electric panels/wiring, sprinklered building, and balconies are already vented.
                            
                                Gratuitous State Rental Increase - State rent control (AB 1482) allows increases of CPI + 5% (w a max of 10%). Much higher than nearby cities.
                            
                                Potential Conversion to Add Additional Units - Commercial unit may generate more income if converted to apartments.

Financial Summary (Actual)

Net Operating Income: $71,751 USD (2025)

Cap Rate:	4.48 %
Total Expenses:	$47,481 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Cowperthwaite Hininger

Amenities

Balcony
Laundry Facilities
Washer/Dryer Hookup
Ceiling Fans
Tile Floors
Office
Patio

Public Transportation

Airport	Drive	Walk	Distance
Metro Oakland International	35 min	-	26.3 mi
San Francisco International	47 min	-	33.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

Davide Pio, CCIM 510-815-2000 BCRE

815 San Pablo Ave Pinole, CA 94564 Outer Richmond/Martinez