$475,000
Pending

516 1St St

Rodeo, CA 94572
Listing OfficeBCRE
Browse 16 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Four (4) apartment units from an originally converted commercial space. Can be sold with neighboring property (MLS 41056680). Seller financing available w 40%+ down Does *NOT* qualify for typical 4 unit financing. Cap Rate - 7.97% (Current) | GRM - 6.71 (Current) vs Cap Rate - 8.35% (Proforma) | GRM - 6.54 (Proforma)

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyContra Costa
      • Date ClosedMay 07, 2025
      • Sewer InformationPublicSewer
      • Original List Price$450,000
      • MLS #41089635
      • MLS #41089635
      • Acres0.1363
      • Cost475000
      • Year Built1949

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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