36 Alan Court, SAN PABLO, CA 94806

Property Information
  • MLS: 40874509
  • Type: FOURPLEX
  • Lot Size: 0.2
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36 Alan Ct is a 4-unit multifamily property in a prime NON-RENT CONTROL San Pablo location. The property is ideal for value-add investors with potential rental upside of 40% or greater and a pro-forma cap rate of 6.96%. Because it is under 5 units it also qualifies for residential financing allowing for a 30-year fixed loan at historically low interest rates providing significant cash flow long term. The property features all 2 bedroom 1 bathroom units, each with private enclosed balcony, 1 covered and 1 open parking stalls, on-site coin-operated laundry facility, and all units are individually metered for PG&E.
  • MLS: 40874509
  • Type: FOURPLEX
  • Listed: 7/16/2019
  • Schools: GS Dist: Not Listed
  • Year Built: 1962
  • EQUIPMENT ADDITIONAL
    • Dryer
    • Washer
    • Water Heater Gas
  • FLOORING
    • Carpet
    • Tile
  • General Features
    • Addtl Misc. Features: Other
    • Air Cond 1: Yes
    • Air Cond 2: Yes
    • Air Cond 3: Yes
    • Air Cond 4: Yes
    • Basement: None
    • Cooling: Window/Wall Unit(s)
    • EXTERIOR: None
    • HEATING: Gas
    • Lot Description: None
    • Parking Description: Tandem Parking
    • Range/Oven 1: Yes
    • Range/Oven 2: Yes
    • Range/Oven 3: Yes
    • Range/Oven 4: Yes
    • Refrigerator 1: Yes
    • Refrigerator 2: Yes
    • Refrigerator 3: Yes
    • Refrigerator 4: Yes
    • Water/Sewer: Sewer System - Public
    • Yard Description: No Yard

Courtesy of ETHAN BERGER, JOSEPH M. TAPIA, BROKER

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3982 Horner Street, Suite A, Union City, CA 94587 | Phone: (510) 505-9933 | Fax: (510) 505-9911 | General Email: info@mrlbayarea.com