Unique opportunity to own a mixed-use income property in the heart of charming downtown Rodeo. This distinctive building offers stable investment income with a diverse tenant mix. The property consists of four units with three long-term tenants providing reliable cash flow. Tenants include a small church, a local bait and tackle shop, a downstairs studio apartment, and an upstairs three-bedroom apartment that could also function as office or flexible workspace. This diverse mix of commercial and residential uses provides multiple income streams and helps create a stable investment profile. The property operates with low expenses and offers a strong cap rate, making it attractive to investors seeking dependable returns. Located just two blocks from the San Francisco Bay, the property benefits from proximity to waterfront recreation and the local fishing community. It is also positioned along the I-80 corridor approximately 25 miles east of San Francisco, providing convenient access to the greater Bay Area. The building sits within downtown Rodeo, a small community known for its charm, local businesses, and walkable streets near the bay. The area continues to attract small business owners, residents, and visitors looking for an authentic waterfront town atmosphere. With established tenants, strong income potential, and a prime location near the bay and major transportation corridor, this property represents an excellent investment opportunity in the East Bay.
Unlock the potential of this unique mixed-use residential/commercial property offering flexibility, functionality, and upside. The upper-level residential unit features three bedrooms and one bathroom, enhanced with newer mini-split systems for efficient heating and cooling. Enjoy rooftop access with a full laundry room, adding convenience and valuable bonus space rarely found in similar properties. The ground-level commercial/retail space is expansive and open, making it ideal for a wide range of business uses. With a rich history as a Harley-Davidson parts dealer and machine shop, as well as a neighborhood grocery store, the space has proven adaptability for retail, light industrial, workshop, or creative use. Property highlights include: Two front entrances for excellent street presence One side entrance for added accessibility Roll-up doors at the rear, perfect for deliveries, equipment, or workshop functionality Open layout allowing for easy reconfiguration This property is well-suited for an owner-user, investor, or live/work setup, offering the rare ability to combine residential comfort with commercial opportunity in one footprint. A standout opportunity for those seeking flexibility, history, and future potential.
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Rodeo is located in California. Rodeo, California has a population of 9,575. Rodeo is less family-centric than the surrounding county with 27.73% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Rodeo, California is $85,825. The median household income for the surrounding county is $110,455 compared to the national median of $69,021. The median age of people living in Rodeo is 38.4 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 39.8 degrees. The average rainfall is approximately 21.1 inches per year, with 0 inches of snow per year.
