TO BE SOLD IN CONJUNCTION W 524-528 1st St. Two (2) parcels can be purchased jointly for a total of seven (7) units. 516 1st St has a total of four (4) living units consisting of (2) 2 bed / 1 bath, (1) 1 bed / 1 bath, and (1) studio unit and a shed in the rear. 524-528 1st St consists of a small office space, (1) 3 bed / 1 bath unit with a sizable back yard, (1) 2 bed / 1 bath unit, a storage space, and 2 car garage. Seller financing allows for flexibility for an investor to acquire the asset which has had most units updated. Along with rent growth in this desirable East Bay suburb, the buyer can update the electric/gas systems to more accurately distribute and pass on expenses to the tenants. Located in quaint downtown Rodeo, the property is located in proximity to local businesses as well as San Pablo Bay. A short drive provides quick access to Highway 80 allowing easy connects to Vallejo, Berkeley, Oakland and San Francisco.
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.
