Ignite FB Tracking Pixel25-45 W 10th St, Pittsburg, CA 94565 - Khalid & Donna Mahmud ,CA DRE #01812087,CA DRE # 01812367
eXp Realty Of California Inc.
Khalid & Donna Mahmud ,CA DRE #01812087,CA DRE # 01812367, eXp Realty Of California Inc.Phone: (408) 464-6442
Email: [email protected]
Real estate listing preview #1
listing
1 of 1
Single Family
$2,370,000
25-45 W 10th St
Pittsburg, CA 94565
Listed by: Monjid Aldiyyat from Berkshire Hathaway Home Svcs, (510) 399-4870
MLS: Bay East Contra Costa (BECCAR)
7,574Sq Ft
Est. Mortgage
$12,334/mo

Dayat Commercial Group is pleased to present 25-45 W. 10th Street in Pittsburg, CA. The property is a well maintained three-story building located within minutes to Downtown Pittsburg and the marina. Built in 1948, the 7,574 square foot building boasts a unit mix of three (3) 3 bed/1 bath units, two (2) 2 bed/1 bath units, three (3) 1 bed/1 bath units, and two (2) studios. Current ownership has renovated five units upon turnover, four of which included extensive value add renovations. Renovated units offer hardwood flooring, two-pane vinyl windows, new paint, and charming original features throughout. Some units have beautiful views of the marina in the distance. The sale includes the adjacent parcel which is a 14 stall parking lot for the property. The property is separately metered for PG&E, and the owner pays for water and garbage. In addition to off-street parking, the property also has onsite laundry, and perimeter fencing. New investors have the opportunity to assume the current financing on the property with a current balance of $1,319,000 at an interest rate of 3.82% with 9 years remaining. With this significant reduction from current market interest rates, a new investor can assume the loan and capture a tremendous year 1 cash-on-cash return of 8.1%

Get in touch
Information courtesy of Berkshire Hathaway Home Svcs is subject to verification and is not guaranteed.
Community / School Information