$950,000 Executive Home in Pleasant Hill

Upscale, contemporary style home with THREE primary suites

Perfect setup for older kids, roommates or extended family - lots of privacy for everyone

Views to Mt Diablo with lovely sunrises and sunsets

Rarely available duet in a very upscale area

Highly-rated schools are just a 3-minute drive away - Valhalla Elementary, Valley View Middle School, College Park High School and Diablo Valley College

The main level is where everyone will hang out - it has the best views, private deck, the kitchen and the family room (with a fireplace, corner windows and dramatically high ceilings)

The upstairs suite is the most spacious of the bedrooms and has two, over-sized walk-in closets

The two bedrooms downstairs each have their own en-suite bathrooms as well

Price is only $509 per square foot (vs $695 per square foot for a regular house in Pleasant Hill)  

This is a great value for a larger home in a terrific neighborhood

Contractors, Automotive or Distributors

Rarely available commercial office / warehouse / shop

Approx. 2,000 square feet of space - includes office, storage loft and shop area with high ceilings, heavy-duty racks and roll-up door

SBA FINANCING AVAILABLE ... 10% down-payment with an SBA loan = ownership for around the same cost as renting

Zoning is SC (Service Commercial)

LOCATION ... Central location 1-block from the Big-C Athletic Club, between Via DeMercados and Commerce Ave., off of Concord Ave ... easy freeway access from Hwy-680 or Hwy-242

Unit-10 is a corner unit with 3-dedicated parking spaces + lots of street parking

See the Matterport Tour, Parking Map and Floor Plan   

To schedule a showing, please call Kevin O'Brien at 925-595-0422

3-Buildings
24 or 48-Units
15,148 Square Feet Total
First-Time on the Market in 50-Years

LOTS of Potential Uses

INVESTORS ... good cash-flow and 5% Cap-Rates with the current Tenants 

INVESTORS #2 ... 10% Cap-Rates by converting to market-rate housing

INVESTORS #3 ... Convert to affordable condos to sell individually or make into live/work spaces ... over $3-million upside potential

YIMBY (YES in My Backyard) ... Non-Profit Groups - convert to housing for Disabled Veterans, Battered Women's Shelter, Teacher's Village, Clean-and-Sober Center, Emergency Homeless Shelter, Age-Out Foster Kids Housing, Single Mom's Cooperative, Employee Housing or other vital programs 

YIMBY #2 ... Potential to double the number of units to 48 studio apartments ... upstairs units can be adapted to have separate entrances ... see the Matterport Tour for a sample of an upstairs studio

CHURCH, SCHOOL or COMPANY HEADQUARTERS ... High-Visibility Location, excellent parking, campus-like setting and immediate access to Highway-101 make this an interesting option.   

A FEW NUMBERS :
$100,000 or $200,000 per unit
24-units (1-bedroom) or 48-units (studio apartments)
Possibility to build more units or additional Services - 37,501 square foot lot
3 buildings - about 5,000 square feet per building

EASIER, CHEAPER and FASTER THAN BUILDING FROM SCRATCH ... The asking price is $318 per square foot, which is way below what it would cost to build in today's market ... customizing the buildings to your needs can have your programs up and running in a few months

FLOOR PLANS ... the Floor Plans you see are approximate and similar in each building.   These layouts have morphed over the decades of use as office space, and could inexpensively be configured to meet your needs.  The buildings were designed with a bedroom and full bathroom upstairs and the entry, kitchen and living room downstairs – each unit also included a small patio area.

VACANT LOT NEXT DOOR ... the lot next door is 23,000 square feet and recently sold for $1,800,000.   The buyers are planning on building 32-units of affordable housing.

ZONING ... this is in unincorporated Marin County - the zoning is CP – Planned Commercial ...  the Marin County Planning Department says that affordable housing is definitely a permitted use with minimal, over-the-counter permits as needed for basic remodeling work (moving plumbing, electrical, adding HVAC mini-splits, etc).   Market-rate housing is also an approved use, but may have a condition or two to convert - I will be doing a Preliminary Planning Department Review of conditions or other possibilities (condo-conversion, split into 3 APN's - one for each building, etc.) - Buyers to check with the Planning Department to verify the use for your needs.

LOCATION … the location has excellent parking and super-easy access to Hwy-101 (at the Sausalito/Hwy-1/Mill Valley Exit) … direct access to the Mill Valley to Sausalito Trail – Whole Foods is a very scenic 10-minute bike ride away … next door is the Holiday Inn Express Hotel

BUS ROUTES ... across the street from the Manzanita Park-and-Ride, which has bus service and connections to San Francisco, the Sausalito Ferry and most of Marin County

VIEWING INSTRUCTIONS ... Yes, please feel free to drive around the buildings, but DO NOT ENTER BUILDINGS or DISTURB TENANTS - there are Security Cameras on each building

INTERESTED?   MAKE A RISK-FREE OFFER ... please write any Offers subject to inspections after contract acceptance - Buyer will have at least 30-days for due-dilligence and inspections

Please call Kevin O'Brien with any questions 925-595-0422 or via email to "emailkevin@att.net"