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Listed by Ethan Berger • NAI Northern California
$1,700,000
Est. payment /mo
3,708 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,708 sqft
Price per Sqft $458
MLS Listing ID 41106696
HOA Y/N No
Year Built 1987
Lot Size 0.450 Acres
Property Sub-Type Quadruplex
Source Bridge AOR
Property Description
Located in one of Pleasant Hill's most sought-after neighborhoods, this well-maintained multifamily property provides an exceptional investment opportunity. Built in 1987 the property consists of four spacious and highly sought-after 2-bedroom, 2-bath units across two separate buildings, and is part of a larger community of 24 units. Unlike many other multifamily communities in the area, this property has no HOA or CC&R's. Each unit features in-unit laundry, a dedicated water heater, a private balcony, forced air HVAC, and tasteful interior upgrades—thoughtful touches that ensure high tenant satisfaction and strong retention rates. This property is professionally managed, providing a seamless, hands-off investment experience for owners. Services such as landscaping, pest control, and utility management (water and garbage) are included, offering a hassle-free ownership structure. It's the perfect opportunity for investors seeking consistent, passive income with minimal involvement. Recent sales of similarly-sized condominiums in the area have averaged $525,000 per unit, making condo conversion an attractive potential exit strategy.
Location
State CA
County Contra Costa
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Partial Carpeting, Tile
Fireplace No
Appliance Dryer, Washer, Gas Water Heater
Building
Lot Description Landscaped
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