SoldOct 1, 2025

Listed by Ryan Nemeyer and Adriana Cueva from Engel & Volkers

Bought with Alfonso Garcia from Engel & Volkers

Source: Bay Area Real Estate Information Services, Inc. #325041704

71 Solano Avenue, Bay Point, CA, 94565

$2,143,000

15
5590 sq. ft.
28802 sq. ft.

Other

30+ days on the market

Sold: Oct 1, 2025

What's around 71 Solano Avenue

About this property

Incredible income-producing 15-unit apartment complex with steady cash flow and room for growth! 71-83 Solano Ave. presents a rare opportunity to acquire a turnkey multi-family asset with an assumable loan at an attractive 3.6 interest rate, subject to lender and seller approval. This property boasts a strong in-place cap rate making it a compelling acquisition for both seasoned and value-add investors. The unit mix includes studios and 1-bed layouts, attracting stable tenancy across multiple demographics. The property is situated on a large lot with potential for future development or expansion (buyer to verify). Updated exterior features, solid rent roll, and professional property management already in place make for a low-maintenance investment with immediate cash flow and upside potential. Located in Contra Costa County's growing Bay Point market, with close proximity to BART, Highway 4, and regional employment centers. Ideal for 1031 exchange buyers, LLC investors, or those seeking a long-term portfolio hold.

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