About 1539 Humboldt Ave
1539 Humboldt Ave is a 5-unit, 100% occupied multifamily asset in San Pablo priced at $320,00 per unit. In-place rents average $2,190 per month against $2,250 market rent. The deal trades at a 5.3% in-place cap rate (12.12x GRM), with a 5.68% pro forma cap rate (11.54x GRM) once rents reach market. The unit mix is uniform: four 830-square-foot two-bedroom, one-bath residences, most with full-size washer/dryer hookups and one larger unit at 900-square feet. Built in 1970, the property sits on a 6,000 SF lot at the end of a cul-de-sac with 3,304 square feet of building and 7 surface parking spaces. The property has direct access to Interstate 880 and proximity to Interstate 580 and the Richmond-San Rafael Bridge, connecting the tenants to Richmond, El Cerrito, San Rafael, and the broader Bay Area. El Cerrito Del Norte BART is a 10-minute drive, putting San Francisco roughly an hour away by transit. Shopping, entertainment, schools and parks are all nearby.
Features of 1539 Humboldt Ave
| MLS® # | 41145950 |
|---|---|
| Price | $1,600,000 |
| Square Footage | 3,304 |
| Acres | 0.14 |
| Year Built | 1960 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1539 Humboldt Ave |
|---|---|
| Subdivision | SAN PABLO PROP |
| City | San Pablo |
| County | Contra Costa |
| State | CA |
| Zip Code | 94806 |
Amenities
| Utilities | Individual Electric Meter |
|---|---|
| Parking Spaces | 7 |
| Parking | Carports - 2 Or More, Off Site, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Storage |
|---|---|
| Appliances | Disposal, Free-Standing Range, Refrigerator |
| Heating | Wall Furnace |
| Cooling | None |
| Fireplace | No |
Exterior
| Lot Description | Rectangular Lot |
|---|---|
| Roof | Shingle |
| Construction | Stucco |
Additional Information
| Date Listed | August 23rd, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Maurice Carbajal |
|---|---|
| Office | GCM Realty & Loans |