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Large 6-Units with Seller Financing 503 Winslow St 6 Unit Apartment Building £1,020,759 (£170,126/Unit) 6.40% Net Initial Yield Crockett, CA 94525

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INVESTMENT HIGHLIGHTS

  • 6-unit Apartment Complex Spread Across Two Separate Buildings Offering Five 2bd/1bth Units and One 1bd/1bth Unit
  • In-Unit Water Heaters and Washer/Dryer Hook-ups Remodeled Units Upgraded Kitchens, Bathrooms, Custom Fixtures, Hardwood Floors, and More
  • Attractive Crockett Location with Water Views Seller Financing is Available With Excellent Terms
  • Separately Metered For Water in the Duplex and PG&E Across All Units with Low Annual Operating Expenses
  • Low Maintenance Property with Upgraded Electrical, Plumbing, Newer Roof, and Double-Pane Windows

EXECUTIVE SUMMARY

6-unit apartment complex spread across a fourplex (503 Winslow St) and a duplex (414-416 Jackson St) with water views, strong cash flow, and excellent seller financing. The property is 100% occupied and offers an attractive unit mix of five 2bd/1bth units and one 1bd/1bth unit. The property was originally built in 1908, offers approximately 3,465 square feet of rental space, and sits on a 5,000 square foot lot with room for off street parking. The property has been well maintained and is separately metered for water in the duplex and separate PG&E meters across all units providing for low annual operating expenses. The units have been remodeled over time and offer upgraded electrical with a new main panel, upgraded wiring, and new breakers 10 years ago, in-unit washer/dryer hook-ups, in-unit water heaters, and a variety of other upgrades. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is an excellent Crockett location with water views only a few blocks to all the restaurants and shopping in Downtown Crockett. This location provides easy access to a variety of outdoor activities and HWY80 making this an attractive location that's always in high demand.
*****EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.

PROPERTY FACTS

Price £1,020,759
Price Per Unit £170,126
Sale Type Investment
Yield 6.40%
Gross Rent Multiplier 11.28
No. Units 6
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Low-Rise
Costar Property Class C
Total Plot Size 0.11 ac
Property Size 3,465 sq ft
Average Occupancy 100%
No. Floors 2
Year Built 1920
Parking Allocation 1.73/1,000 sq ft
Use Class R-6, Crockett

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
2+1 5 - 600

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
354-075-009-2
Land Assessment
£253,622
Improvements Assessment
£507,250
Total Assessment
£760,872
  • Listing ID: 36111058

  • Date on Market: 04/06/2025

  • Last Updated:

  • Address: 503 Winslow St, Crockett, CA 94525

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