About 1640 23rd St
Well-maintained multifamily investment opportunity featuring an attractive assumable loan (approx. $3.5M balance at 3.95% fixed through Dec. 2029), extensive recent capital improvements, and a highly desirable unit mix of spacious 2-bedroom, 2-bathroom apartments. Recent upgrades include new siding and trim, fresh exterior paint, enhanced landscaping, and renovated units with updated kitchens, baths, flooring, lighting, appliances, and window improvements. Residents enjoy in-unit laundry hookups, forced-air heating, dishwashers, private patios/balconies, and gated covered parking. Centrally located in San Pablo with convenient access to Richmond BART, Contra Costa College, I-80, and major East Bay employment centers. Strong occupancy, reduced near-term capital needs, and no local rent control ordinance provide excellent operational flexibility and long-term growth potential.
Features of 1640 23rd St
| MLS® # | 41139267 |
|---|---|
| Price | $5,795,000 |
| Bathrooms | 0.00 |
| Acres | 0.56 |
| Year Built | 1984 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 1640 23rd St |
|---|---|
| Subdivision | SAN PABLO VILLA |
| City | San Pablo |
| County | Contra Costa |
| Zip Code | 94806 |
Amenities
| Parking Spaces | 24 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater, Dryer, Washer |
|---|---|
| Heating | Forced Air |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Wood Siding |
|---|---|
| Lot Description | Corner Lot |
| Construction | Wood Siding |
Additional Information
| Date Listed | June 23rd, 2026 |
|---|---|
| Days on Market | 80 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ethan Berger |
|---|---|
| Office | NAI Northern California |