Location, Location, Location! First time on the market in over 46-years! Spacious, 2-bed, 1-bath apartments are about 1,100 sq ft each - they also have private yards. Long-term Tenants at under market rents means that your returns will start low, and increase over time. Two units are 2-story and one unit is a 1-story. Excellent parking. Across the street from Poets Corner Safeway and restaurants. Easy walk to park, Middle School and the new Pleasant Hill Library. About a 2-minute drive to Bart or hwy-680. Newer roof - well maintained property - pest control and property inspection reports available. Check with City of Pleasant Hill about expansion potential - adding another unit. Oak Park Redevelopment Area - see page 77 of the City of Pleasant Hill 2040 General Plan. Potential for consolidation with other parcels.
NEW DEVELOPMENT OPPORTUNITY + ACTIVE RENTAL INCOME/ EQUITY- 3 active rentals a duplex and 1 detached SFH that produce 8,000 /Mo. ALL SHORT TERM LEASES. This project site is 0.43-acres (gross) and is located within a planned unit development, PUD 410, zoning district, APN 149-130-032-1, a 9 townhouses subdivision, 8 dwellng units 1 low income HDU. 9 - 3 story units with garage ground floor - 3 bedroom, 2 bath, 1400 sf living area, conservative value at completion = $7M. Two blocks walk to downtown center. Pleasant Hill Planning Comm'n has approved the following: Architectural Review Permit, Major Subdivision (tentative map), Development Plan Permit, Density Bonus Request, Ready to pay permit fees and begin construction.
Pleasant Hill is located in California. Pleasant Hill, California has a population of 34,649. Pleasant Hill is less family-centric than the surrounding county with 35.68% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Pleasant Hill, California is $131,012. 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 Pleasant Hill is 41.6 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 38.8 degrees. The average rainfall is approximately 18.3 inches per year, with 0 inches of snow per year.
