Property Details
About this Property
Incredible income-producing 15-unit apartment complex with steady cash flow and room for growth! 71-83 Solano Ave. presents a rare opportunity to acquire a turnkey multi-family asset with an assumable loan at an attractive 3.6 interest rate, subject to lender and seller approval. This property boasts a strong in-place cap rate making it a compelling acquisition for both seasoned and value-add investors. The unit mix includes studios and 1-bed layouts, attracting stable tenancy across multiple demographics. The property is situated on a large lot with potential for future development or expansion (buyer to verify). Updated exterior features, solid rent roll, and professional property management already in place make for a low-maintenance investment with immediate cash flow and upside potential. Located in Contra Costa County's growing Bay Point market, with close proximity to BART, Highway 4, and regional employment centers. Ideal for 1031 exchange buyers, LLC investors, or those seeking a long-term portfolio hold.
MLS Listing Information
MLS #
BA325041704
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
4
Interior Features
Appliances
Other
Cooling
Window/Wall Unit
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Zoning
M-17 County
Contact Information
Listing Agent
Ryan Nemeyer
Engel & Volkers Napa
License #: 01946382
Phone: (707) 673-6095
Co-Listing Agent
Adriana Cueva
License #: 02163721
Phone: (707) 304-6574
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 13 | 15 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 400 | 1 | 1/0 | $1,400 | – | – |
| 2 | 400 | 1 | 1/0 | $1,400 | – | – |
| 3 | 450 | 1 | 1/0 | $1,400 | – | – |
| 4 | 525 | 1 | 1/0 | $1,600 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
71 Solano Ave is a Residential Income in Bay Point, CA 94565. This 5,590 square foot property sits on a 0.661 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,395,000 and was built in 1948. This address can also be written as 71 Solano Ave, Bay Point, CA 94565.
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This listing information is up-to-date as of May 09, 2025. For the most current information, please contact Ryan Nemeyer, (707) 673-6095
