10819 SAN PABLO AVE El Cerrito CA 94530-2320

All buildings are in good condition. Current owner , a high-end commercial contractor, rebuilt middle and back properties from the studs.

Entire property is fully leased and contains 4 units in total – 2 small retail units in front, a middle commercial building currently leased to a spa, and a detached 2BD/1BA house in the rear of the property.
Historically, there’s been very low vacancy and two of the commercial tenants recently signed new lease extensions, demonstrating their commitment to this property.

All 4 units are metered separately for utilities making this property easy to manage.

3 Building Complex with 4 Units
Excellent Condition
Signalized Intersection on San Pablo Avenue

Small retail building with San Pablo Avenue frontage. Two (2) units of ±350 square feet each. Each leased month-to-month at $1,050 per month. Middle building of ±1,450 SF now leased as a spa (see left) at $3,100 per month. Was previously a high-end office building, may be delivered vacant for an owner-user. Two-bedroom, 1-bath house at the rear. Currently vacant, but market rents are $2,500 per month.All buildings are in good condition with the house and the middle building being rebuilt from the studs up by the current owner, a high-end commercial and residential contractor.

Owner-user options: Occupy the house and lease the front two buildings; connect the front two buildings, occupy those and rent out the house, which would qualify the property for 10% down SBA financing; lease all three and hold as a straight investment; or virtually any combination thereof