Jeremiah Moersch REALTOR®
Office: 760-533-2540
2354 Road 20, San Pablo
$1,750,000
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0 Bed
0 Bath
1.04 Acres
0 Garage
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.
Essential Information
- MLS® #
- 41046924
- Price
- $1,750,000
- Bathrooms
- 0.00
- Acres
- 1.04
- Type
- Land
- Status
- Active
Community Information
- Address
- 2354 Road 20
- City
- San Pablo
- County
- Contra Costa
- Zip Code
- 94805-3302
- Senior Community
- N
Additional Information
- Date Listed
- January 6th, 2024
- Days on Market
- 114
Listing Details
- Agent
- David Howarth
- Office
- The Pinza Group, Inc
Property History
Price Reduced from $1,995,000 to $1,750,000
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 7:35am PDT. 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, 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.