Property Detail
Description
Located in one of Pleasant Hill's most sought-after neighborhoods, this well-maintained multifamily property provides an exceptional investment opportunity. Built in 1987 the property consists of four spacious and highly sought-after 2-bedroom, 2-bath units across two separate buildings, and is part of a larger community of 24 units. Unlike many other multifamily communities in the area, this property has no HOA. Each unit features in-unit laundry, a dedicated water heater, a private balcony, forced air HVAC, and tasteful interior upgrades—thoughtful touches that ensure high tenant satisfaction and strong retention rates. This property is professionally managed, providing a seamless, hands-off investment experience for owners. Services such as landscaping, pest control, and utility management (water and garbage) are included, offering a hassle-free ownership structure. It’s the perfect opportunity for investors seeking consistent, passive income with minimal involvement. Recent sales of similarly-sized condominiums in the area have averaged $525,000 per unit, making condo conversion an attractive potential exit strategy.
Map Location
Listing provided courtesy of Ethan Berger of NAI Northern California. Last updated 2025-09-15 08:12:10.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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