#325058216, Alfonso Garcia, Ryan Nemeyer Ryan Nemeyer, Listing office: Engel & Volkers Napa
Property details
About 71 Solano Ave
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.
Highlights
Home typeMulti Family
HeatingWall Furnace
StatusAccepting Backup Offers
(Contingent - Show)
(Contingent - Show)
CoolingWindow Unit(s)
Size5,590 sqft
Lot size0.6612 Acres
Year built1948
ParkingUncovered
MLS #325041704
Summary
- Appliances: Other
- Parking: Uncovered
- Heating: Wall Furnace
- Cooling: Window Unit(s)
- List Price: $2,395,000
- Price/SqFt: $428
- HOA Amount: $0
- Lot: Other
- Directions: Google Maps
- Year Built: 1948
- Living Area: 5,590 SqFt
- Lot Size: 0.6612 Acres
- MLS Number: 325041704
- MLS Name: BAREIS MLS
- Office Name: Engel & Volkers Napa, Realty One Group FOX
- Listing Agent: Ryan Nemeyer, Adriana Cueva Adriana Cueva
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Last updated on: 7/23/2025, 10:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
2
Bel Air Elementary School
Public District KG-5
0.6 mi
•663 Canal Rd
2
Willow Cove Elementary School
Public District KG-5
0.8 mi
•1880 Hanlon Way
3
Shore Acres Elementary School
Public District KG-5
1.7 mi
•351 Marina Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,161. Most Bay Point, CA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
45%
<35k
40%
35k-100k
10%
100k-200k
5%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
22%
Single, with Kids
15%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Pro Wrestling
Soccer
Where do the neighbors shop?
Burlington
Forever 21
Express/Express For Men
Where do the neighbors go to eat?
Popeyes
Cicis Pizza
Dominos Pizza
What do the neighbors drive?
Dodge
Pontiac
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 71 Solano Ave
The listing price of 71 Solano Ave property is $2,395,000.
The property 71 Solano Ave is a multi located in Bay Point, California, 94565.
Accepting Backup Offers: 71 Solano Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 71 Solano Ave are: Bel Air Elementary School (GreatSchools Rating 2/10), Willow Cove Elementary School (GreatSchools Rating 2/10), Shore Acres Elementary School (GreatSchools Rating 3/10), Riverview Middle School (GreatSchools Rating 3/10), Rancho Medanos Junior High School (GreatSchools Rating 3/10), Hillview Junior High School (GreatSchools Rating 3/10), Pittsburg High School (GreatSchools Rating 5/10), Black Diamond High (Continuation) (GreatSchools Rating 2/10), Golden Gate Community (GreatSchools Rating 2/10).
The property 71 Solano Ave is 5,590 SqFt (source: MLS/tax record).
The year of construction for 71 Solano Ave is 1948.
This home is located at 71 Solano Ave in Bay Point, CA and zip code 94565. This 5,590 square foot home, which was built in 1948, sits on a 0.66 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $2,395,000.
In June 2025 in Bay Point, CA there were 14.8% more homes for sale than in May. While the average time on the market in June 2025 was 76 days, the median list price was $599,000.
From Rocket Homes Real Estate and based on county public records data.