Sweet Duplex in Pinole!! 2 blocks from Pinole's vibrant downtown. Duplex offers an owners unit in the rear which was Nicely updated (approx. 8 years ago). Front unit with long time tenant. 2 Car Garage currently used by owner. Tenants have off street parking on the driveway. Great rents! The City of Pinole is an Oasis tucked back on the East Bay Shoreline. This property is Located Directly across the street from Fernandez Park and walking to Pinole's Senior Center. Walking distance to Bayfront Park! Take a 5 minute stroll downtown and enjoy the Farmers Market and Breakfast at Tinas Place Or Cocktails and Dinner at the Pear Street Bistro! Close to many amenities, dining, shopping, etc... Highway 80 (less than a mile) with highway 4 easily accessible. 30 minutes to Walnut Creek! 20 minutes to BART!
Rare income-producing mixed-use property situated on San Pablo Avenue in Pinole's walkable downtown corridor. Built in 1906 and spanning approximately 3,464 square feet on a 5,967 square foot lot, this property offers a compelling blend of commercial and residential income with strong tenant occupancy. The ground floor houses two established commercial tenants: a popular barbershop and a well-known neighborhood restaurant that draws consistent foot traffic and has built a loyal local following. The second floor features two residential units, both currently occupied. This is an ideal opportunity for an investor seeking stable, diversified rental income in a prime East Bay location with excellent visibility along one of Pinole's main commercial arteries. Downtown Pinole continues to see renewed interest and investment, and this property is well-positioned to benefit from the area's ongoing revitalization. Property highlights include proximity to I-80, BART-accessible transit options, nearby schools (Collins Elementary, Pinole Middle, and Pinole Valley High), and the charm of Pinole's historic downtown.
Courtesy: Compass
Cap Rate - 4.48% GRM - 13.03 (Current) vs Cap Rate - 4.73% GRM - 12.60 (Proforma). The apartment features four (4) apartment units, two of which are 2 beds / 1 bath and the other two are studio units, as well as an owner-occupied commercial space. The owners went above and beyond showing pride in ownership construction and meticulous maintenance since it’s completion in 2001. A 4-car garage and 5-space parking lot as well as a coin-op laundry room provide additional income. Newer construction helps keep costs low and insurance requests to a minimum. Turn key investment with upside in rents but also in the potential conversion of the commercial space (tbd by buyer). Finding an apartment in the predominantly single-family home suburbs of Pinole is difficult, and one of newer construction is even more rare. Walking distance to various restaurants, and a short drive to local establishments in nearby Hercules, El Sobrante, and other parts of Pinole. A short drive provides quick access to Highway 80 allowing easy connections to San Francisco, Berkeley, and Oakland.
Pinole is located in California. Pinole, California has a population of 19,065. Pinole is less family-centric than the surrounding county with 24.34% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Pinole, California is $104,275. 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 Pinole is 42.6 years.
The average high temperature in July is 79.6 degrees, with an average low temperature in January of 40.2 degrees. The average rainfall is approximately 26.7 inches per year, with 0 inches of snow per year.
