2354 Road 20

San Pablo, CA 94805-3302

$1,750,000

Listed Price
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straighten $38 / sqft

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
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Listing Information

Address 2354 Road 20
City San Pablo
State CA
Zip 94805-3302
County Contra Costa
Listing Agent David Howarth DRE#01360348
Courtesy Of The Pinza Group, Inc
MLS 41046924
List Price $1,750,000
Status Active
Type Land
Structure Size N/A
Lot Size 45,302
DOM 82

Exterior Information

Maps

Listing information courtesy of: David Howarth, The Pinza Group, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 27th, 2024 at 10:30 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.