2329 Willow Pass Rd

Property feature image
Address: 2329 Willow Pass Rd, Bay Point, CA 94565, USA
California & West + Apartment Buildings
Created date: January 19, 2026
Date last updated: September 14, 2026
Price: $2,200,000Investment Analyzer NEW!
  • Exceptional Cash-on-Cash of 8.05% and Cap Rate of 7.15% on current in-place income
  • Over $200,000 in capital improvements during current ownership including 4 renovated units
  • 10 buildings on 2 parcels - all single story - 8 detached cottages + 2 duplexes
  • Diverse unit mix catering to a wide range of tenant demographics
  • Minutes to BART, local retail, and major highways (Hwy 4 & I-680)
  • Gated lot with off-street parking
  • Additional laundry, parking, and storage income
  • Approx. 9,000 SF of building area on 0.39 acres (buyer to confirm)
  • Zoning P-1 | Built: 1 937-1 947 (buyer to verify)

Property Description

Introducing an exceptional 12 unit multifamily investment opportunity in Bay Point, CA. Situated at 2329 Willow Pass Rd, the property consists of 8 detached cottages and 2 duplexes on two contiguous parcels. The current unit mix of (3) Studios, (3) 1 bed/ 1 bath, (5) 2 beds/ 2 baths, and (1) 3 bed/ 1 bath offers a variety of options catering to a wide range of demographics. The fully occupied property boasts over $20,400 per month in rental revenue with all units either at or slightly below market rents. At the current price, the property offers a lucrative 8.05% Cash-on-Cash return on current income assuming a 35% down payment. Current ownership has completed over $200,000 in capital improvements, including 4 renovated units. Tenants pay their own PG&E and Water/Sewer bills and beginning in June 2025 tenants will pay their own garbage bill going forward, greatly reducing operating expenses for a new investor. In addition, the property collects ancillary laundry, parking, and storage income. The property has a gated lot with off-street parking, and its prime location just minutes from BART, local retail, and major highways, further enhance its appeal to prospective tenants.
Availabletick-green

Request Information

Broker Details

Monjid Aldiyyat
Monjid Aldiyyat

Berkshire Hathaway HomeServices of America Drysdale Properties 925-588-6402

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,200,000
No. of Units: 12
Year Built: 1930
Lot Size: 0.29 Acres
Opportunity Zone: No
Price per unit: $183,333
Property Website Click Here
Address: 2329 Willow Pass Rd, Bay Point, CA 94565, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

2319 Woolsey St

2319 Woolsey St

Berkeley, California
California & West + Apartment Buildings
Price: $1,295,000
6003 N Muscatel Avenue, Unit 0

6003 N Muscatel Avenue, Unit 0

Temple City, California
California & West + Apartment Buildings
Price: $2,000
6003 N Muscatel Avenue

6003 N Muscatel Avenue

Temple City, California
California & West + Apartment Buildings
Price: $4,000

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up