The Linda Apartments

2394 Road 20 San Pablo, CA 94806

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FOR SALE Incentives
Property Type:
MultiFamily Apartments
Amount:
$2,750,000
Last Verified:
Apr 06, 2017



The property is located within a half mile of the El Portal Dr on-ramp of I 80 and within a 10 minute drive to either El Cerrito Del Norte or Richmond BART stations providing excellent commuting options for tenants. With a central San Pablo location and a Walk Score of 71 out of 100, the property is very walk-able and most errands can be accomplished on foot. Contra Costa Community College and a number of retailers including Starbucks, Walgreens, Subway, Chase Bank, Grocery Outlet and Jack in the Box are all within walking distance,

The City of San Pablo is located in the East Bay in western Contra Costa County along the I 80 corridor, roughly 30 mins from San Francisco, 20 mins from Oakland and Berkeley with a population of approximately 30,000. San Pablo is serviced by AC Transit bus lines providing transit access to much of the surrounding area.

Non-Rent Control City
70%+ Upside in current rents
Favorable unit mix consisting of (15) 2 bed 1 bath and (3) 1 bed 1 bath units.
Superior San Pablo Location
Year Built: 1962
Building Size: 13102.0sq ft
Lot Size: 0.67 acres

Map of 2394 Road 20, San Pablo, CA, 94806

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.