605 San Pablo Ave

605 San Pablo Avenue benefits from strong walkability and excellent connectivity to El Cerrito and Berkeley. It is adjacent to El Cerrito Plaza and less than half a mile from El Cerrito BART Station, providing direct access to regional employment hubs throughout the Bay Area. The property is also just blocks from the retail and dining corridors along Solano Avenue and El Cerrito Avenue, offering tenants a wide range of restaurants, cafés, grocery options, and neighborhood conveniences within walking distance. Albany is recognized for its strong public schools, walkable residential streets, and proximity to the shoreline. Its location between Berkeley and El Cerrito, combined with convenient access to BART and major thoroughfares, continues to support stable rental demand and long-term investment appeal.605 San Pablo Avenue presents the opportunity to acquire a well-maintained 10-unit multifamily asset in Albany, one of the East Bay’s most desirable rental markets. The property features a well balanced unit mix of (10) 1-bedroom and 1-bathroom units. Tenant amenities include onsite parking, onsite laundry facilities and perimeter fencing, all of which contribute to consistent occupancy and strong tenant retention. All units are individually metered for gas and electric, providing operational efficiency and reduced owner expense exposure. The units feature functional layouts with comfortable living spaces that cater to steady rental demand in the area. A majority of the units have been fully renovated with hardwood flooring in the living and bedroom areas, along with updated linoleum flooring and refreshed countertops in the kitchens. Additional capital improvements including a new roof and new water heaters both installed in 2025. 605 San Pablo Avenue is currently fully occupied offering immediate and consistent in-place cash flow. In addition, the asset provides future upside potential through continued unit turnover, mark-to-market rent adjustments, and organic rent growth through annual increases. This opportunity is well-suited for investors seeking a low-maintenance, stabilized asset in the city of Albany.