SHOWING FRIDAY JULY 25th, 2025 at 11:00 am 532-534 Appian Way Immeuble residentiel 8 lots 1 720 416 € (215 052 €/Lot) Taux de capitalisation 7,11 % El Sobrante, CA 94803

SHOWING AND TOUR OF INTERIORS: FRIDAY JULY/25th/2025 at 11:00 am Sharp.
This offering at 532–534 Appian Way presents a rare opportunity to acquire a well-maintained eight-unit apartment complex in the growing and supply-constrained El Sobrante submarket of Contra Costa County. Positioned on a gentle hillside, the two-story building offers spanning views overlooking El Sobrante Valley and Wildcat Canyon, providing residents with a serene and scenic living experience just minutes from urban amenities.
Constructed circa 1968 (per public records), the property features wood-frame construction with a stucco exterior and recently replaced flat roofing. Tuck-under covered parking is available for each of the eight units, and the building has undergone significant recent capital improvements, including replacement of most windows and sliding doors, updated landscaping, and new perimeter fencing—enhancing both curb appeal and long-term durability. The unit mix consists entirely of eight spacious two-bedroom, one-bath apartments, each with its own private balcony and sweeping hillside views. Tenants benefit from dedicated covered parking, on-site laundry facilities, and individually metered gas and electric utilities, which contribute to efficient property operations and lower landlord expenses.
The property enjoys a prime location just one mile from Interstate 80, providing direct access to employment hubs throughout the East Bay and North Bay. Nearby conveniences include the Pinole Vista Shopping Center, as well as local retailers like United Food Mart across the street and a Shell gas station adjacent to the property. Its positioning in unincorporated Contra Costa County also allows for investor-friendly rent increases of 5% plus CPI annually under California’s AB 1482 rent control ordinance.
This offering is ideal for investors seeking a stabilized, easy-to-manage asset with long-term appreciation potential. Its elevated setting, well-maintained condition, and close proximity to shopping, transit, and outdoor recreation make it a compelling acquisition in an increasingly competitive submarket.