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Located in one of the East Bay's most desirable rental markets, this well-maintained five-unit apartment property offers investors a rare opportunity to acquire a turnkey asset in supply-constrained Pleasant Hill. The city continues to benefit from limited new multifamily development, strong tenant demand, and consistently low vacancy, making it one of the region's most stable rental markets. The property features an attractive unit mix of one (1) three-bedroom/two-bath unit, two (2) two-bedroom/two-bath units, and two (2) two-bedroom/one-bath units. Each residence includes a gas fireplace, while four of the five units offer in-unit laundry. Additional amenities include dishwashers, microwave hoods, electric ranges, and a combination of forced-air HVAC and wall-mounted heating and air conditioning. Recent ownership improvements have significantly reduced future capital needs. A new roof was installed in 2026, the property has been certified as SB 721 compliant, and it will be delivered with a clear Section 1 termite report. Located in the non-rent-controlled City of Pleasant Hill, the property offers investors greater operational flexibility and long-term rental upside than many neighboring East Bay communities. Residents enjoy convenient access to Diablo Valley College, The Veranda, Sunvalley Shopping Center, The Willows Shopping Center, neighborhood retail, parks, golf courses, and the Contra Costa Canal Trail, supporting a diverse and stable tenant base. The professionally managed HOA provides landscaping, pool maintenance, and common area upkeep, creating a low-maintenance ownership opportunity well suited for local and out-of-area investors alike. In addition, below-market seller financing is available to qualified buyers, offering an attractive financing alternative in today's lending environment.
Property Type(s):
Residential Income
| Last Updated | 7/1/2026 | Tract | CAMELBACK NORTH |
|---|---|---|---|
| Year Built | 1970 | County | Contra Costa |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Gas Water Heater, Washer |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air, Wall Furnace |
| LOT | 10376 sq ft |
| LOT DIMENSIONS | 10378 |
| SUBDIVISION | CAMELBACK NORTH |
Location
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Listed with NAI Northern California
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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