1539 Humboldt Ave, San Pablo CA 94806 | $1,600,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 6000 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1960
  • MLS#: 41145950
  • Community:

Listing provided courtesy of Maurice Carbajal of GCM Realty & Loans. Last updated 2026-09-25 08:10:58.000000. Listing information © 2025 SANDICOR.

1539 Humboldt Ave is a 5-unit, 100% occupied multifamily asset in San Pablo priced at $320,00 per unit. In-place rents average $2,190 per month against $2,250 market rent. The deal trades at a 5.3% in-place cap rate (12.12x GRM), with a 5.68% pro forma cap rate (11.54x GRM) once rents reach market. The unit mix is uniform: four 830-square-foot two-bedroom, one-bath residences, most with full-size washer/dryer hookups and one larger unit at 900-square feet. Built in 1970, the property sits on a 6,000 SF lot at the end of a cul-de-sac with 3,304 square feet of building and 7 surface parking spaces. The property has direct access to Interstate 880 and proximity to Interstate 580 and the Richmond-San Rafael Bridge, connecting the tenants to Richmond, El Cerrito, San Rafael, and the broader Bay Area. El Cerrito Del Norte BART is a 10-minute drive, putting San Francisco roughly an hour away by transit. Shopping, entertainment, schools and parks are all nearby.

More Details

0.14 Acres

David Piper​

Call or Text: 858-525-5007

DRE# 02021985