Active

2354 Road 20

San Pablo CA, 94805-3302

$1,750,000


$38.63 per sqft

Active

1.04 Acres

Land

Listed by David Howarth with The Pinza Group, Inc 510-725-4775

Rare 64-unit development opportunity in San Pablo planning approval. The 1.04 acre parcel is entitled for 50 1bd/1bth and 2bd/2bth units, six 3bd/2bth affordable housing units, and eight studio units. This is an excellent opportunity for a developer to capitalize on an established San Pablo market near Contra Contra Costa College, College Center, and popular Lytton Casino. Annual income for the property once fully leased should be approximately $1,694,640 making this a safe and profitable investment. Seller financing is available with excellent terms. There is a structure currently on the property so utilities are already on-site. Attractive San Pablo location surrounded by residential homes with clear pride of ownership. The property is walking distance to Contra Costa College and Helms Middle School and is around the corner from College Center that offers a variety of restaurants, coffee shops, and shopping options.

41046924

MLS ID

January 6, 2024

Listed

March 28, 2024

Updated

Map

2354 Road 20
San Pablo CA, 94805-3302

Exterior/Building Features

Lot Size

1.04 Acres


Sewer

Public Sewer

Other Property Details

Days on Market

81


Garage

No


Parking Total

0


View

No


County

Contra Costa


Water Source

Public


Pool

No


Zoning

0


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

2/13/2024

Price Change

$1,750,000

-13%

Listing Contact: 510-725-4775 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:19 PM UTC

 

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