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71 83 Solano Avenue

Bay Point, CA 94565

– beds
– baths
5,590 sqft
~3/4 acre lot
$428 per sqft
1948 build
– on site

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.

Listing courtesy of BAREIS / Ryan Nemeyer / Engel & Volkers Napa

Last checked: Checking… • Last updated May 9, 2025 •

MLS# 325041704 —

The Building

Year Built:

1948
Year Built Source:

Assessor Auto-Fill
Subtype Description:

Apartments
Levels:

One
# of Floors:

1
# of Units Total:

15
SqFt:

5,590 Sqft
# of Buildings:

2
SqFt Source:

Assessor Auto-Fill

Location

Directions:

Google Maps
Cross Street:

Siino West Avenue
Area:

Bay Point

The Property

Property Type:

Residential Income
Property Type:

5 or More Units
Lot Features:

Other
28802

Lot SqFt:
Lot Size Measurement:

Acres
Lot Size Source:

Assessor Auto-Fill
Zoning:

M-17 County
0.6612

Acres:

Listing Agent

Contact info:

Taxes

Assessors Parcel Number:

096-032-031-5

The Listing

Special Listing Conditions:

Offer As Is

Heating & Cooling

Heating:

Wall Furnace
Cooling:

Window Unit(s)

Utilities

Water Source:

Public
Sewer:

Public Sewer
Separate Meters:

See Remarks

Appliances

Appliances:

See Remarks
Laundry Features:

Other

The Community

Association:

No
Cap Rate:

7.24
Association:

Napa

Parking

Total Parking Spaces:

15.00
Parking Features:

Uncovered

Extra Units

# of Studio Units:

6
# of 1 Bedroom Units:

9
Unit 1 Type:

Apartment
Unit 1 Description:

N/A
Unit 1 Bedrooms:

1
Unit 1 # of Rooms:

4
Unit 1 Full Baths:

1
Unit 1 Approx SqFt:

400
Unit 2 Type:

Apartment
Unit 2 Full Baths:

1
Unit 2 Description:

N/A
Unit 2 Bedrooms:

1
Unit 2 # of Rooms:

4
Unit 2 Approx SqFt:

400
Unit 3 Bedrooms:

1
Unit 3 Type:

Apartment
Unit 3 Description:

N/A
Unit 3 Full Baths:

1
Unit 3 # of Rooms:

4
Unit 3 Approx SqFt:

450
Unit 4 Type:

Apartment
Unit 4 Description:

N/A
Unit 4 Bedrooms:

1
Unit 4 # of Rooms:

4
Unit 4 Full Baths:

1
Unit 4 Approx SqFt:

525

Explore the Area

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From

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Sale history

Date	Event	Source	Price	% Change
5/8/25 May 8, 2025	Listed / Active	BAREIS	$2,395,000

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This multifamily located in Bay Point, CA 94565 is currently for sale for $2,395,000. 71 83 Solano Avenue is a 5,590 square foot multifamily with – beds and – baths that has been on Estately for 1 days. This multifamily is in the attendance area of Riverview Middle School, Mt. Diablo High School, and Bel Air Elementary School.

Listing courtesy of BAREIS, Engel & Volkers Napa, and Ryan Nemeyer.