83 Solano Avenue, Bay Point, CA 94565

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$2,395,000

bedrooms

bathrooms

square feet

5,590

Acreage

0.6612

Open Houses

year built

1948

Full Baths

Half Baths

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Incredible income-producing 15-unit apartment complex with steady cash flow and room for growth! 71-83 Solano Ave. presents a rare opportunity to acquire a turnkey multi-family asset with an assumable loan at an attractive 3.6 interest rate, subject to lender and seller approval. This property boasts a strong in-place cap rate making it a compelling acquisition for both seasoned and value-add investors. The unit mix includes studios and 1-bed layouts, attracting stable tenancy across multiple demographics. The property is situated on a large lot with potential for future development or expansion (buyer to verify). Updated exterior features, solid rent roll, and professional property management already in place make for a low-maintenance investment with immediate cash flow and upside potential. Located in Contra Costa County's growing Bay Point market, with close proximity to BART, Highway 4, and regional employment centers. Ideal for 1031 exchange buyers, LLC investors, or those seeking a long-term portfolio hold.

Location
Subdivision	-
County	Contra Costa
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 325041704

Listing agent: Ryan Nemeyer #01946382

Listing broker: Engel & Volkers Napa

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last update: Sunday, May 11 2025 at 4:21 a.m. EDT

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