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Active Under Contract

71-83 Solano Ave

71-83 Solano Ave, Bay Point, CA 94565
$2,395,000

Property Summary

  • 4 Baths
  • 5,590 Sq.Ft. Living area
  • 0.66 Acres Lot

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.

Features & Amenities

Interior

Total Bathrooms 4
Full Bathrooms 4
Laundry room Other
Appliances See Remarks

Area & Lot

Status Active Under Contract
Living area 5,590 Sq.Ft.
Lot Size 0.66 Acres
MLS® ID 325041704
Type: Multi-Family
Year Built 1948

Exterior

Stories 1
Water Source Public
Lot Features Other
Parking Uncovered
Heat type Wall Furnace
Air conditioning Window Unit(s)
Sewer Public Sewer

Finance

SALES PRICE $2,395,000

Interior

Total Bathrooms 4
Full Bathrooms 4
Laundry room Other
Appliances See Remarks

Area & Lot

Status Active Under Contract
Living area 5,590 Sq.Ft.
Lot Size 0.66 Acres
MLS® ID 325041704
Type: Multi-Family
Year Built 1948

Exterior

Stories 1
Water Source Public
Lot Features Other
Parking Uncovered
Heat type Wall Furnace
Air conditioning Window Unit(s)
Sewer Public Sewer

Finance

SALES PRICE $2,395,000

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