Home | Contra Costa County | Rodeo | 94572 | 516 1st St
MLS: CC41056680 | Status: | Price: $930,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 4,942 | 0.36 | 1949 |
Cap Rate - 8.53% (Current) | GRM - 6.32 (Current) vs Cap Rate - 9.62% (Proforma) | GRM - 6.16 (Proforma). TO BE SOLD IN CONJUNCTION W 524-528 1st St. Two (2) parcels can be purchased jointly for a total of seven (7) units. 516 1st St has a total of four (4) living units consisting of (2) 2 bed / 1 bath, (1) 1 bed / 1 bath, and (1) studio unit and a shed in the rear. 524-528 1st St consists of a small office space, (1) 3 bed / 1 bath unit with a sizable back yard, (1) 2 bed / 1 bath unit, a storage space, and 2 car garage. Seller financing allows for flexibility for an investor to acquire the asset which has had most units updated. Along with rent growth in this desirable East Bay suburb, the buyer can update the electric/gas systems to more accurately distribute and pass on expenses to the tenants. Located in quaint downtown Rodeo, the property is located in proximity to local businesses as well as San Pablo Bay. A short drive provides quick access to Highway 80 allowing easy connects to Vallejo, Berkeley, Oakland and San Francisco.
| Field | Value |
|---|---|
| MLS # | CC41056680 |
| MLS Source | Contra Costa Association of Realtors |
| Feature | Details |
|---|---|
| Flooring | Other |
| Cooling | Ceiling Fan, Other |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Detached, Other, RV/Boat Parking, Garage: Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| Complex Amenities | None |
Davide Pio
BCRE
License #: 01522969
Phone: (510) 815-2000
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 3 | 0/0 | $3,255 | – | – |
| 2 | – | 2 | 0/0 | $1,775 | – | – |
| 3 | – | 1 | 0/0 | $1,400 | – | – |
| 4 | – | 0 | 0/0 | $695 | – | – |
School data provided by GreatSchools.org
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This listing information is up-to-date as of May 01, 2025. For the most current information, please contact Davide Pio, (510) 815-2000.