Casa Linda Apartments is a rare, newer-construction (1993-built) 24-unit multifamily asset offering meaningful upside through income growth and strategic repositioning. Originally developed by the City of San Pablo and designed for senior-living use (though never operated as such), the property benefits from a durable construction profile and infrastructure seldom found in conventional multifamily assets, including a full building fire sprinkler system, elevator access, and a tile roof—enhancing safety, accessibility, and long-term marketability. 

All units feature private outdoor space in the form of patios, balconies, or backyards—an increasingly scarce amenity that supports rent premiums and strong tenant retention. The property also includes a large ground-floor amenity room, which offers flexibility to be utilized as a tenant amenity space for fitness, community, or co-working uses, or converted into an additional accessory dwelling unit (ADU), subject to buyer verification and local approvals

Property Highlights:

• Built in 1993 — newer construction relative to competing vintage inventory
• Originally built by the City of San Pablo, offering a unique and durable asset profile
• Designed for senior-living use (never operated as senior housing) with rare infrastructure advantages
• Full sprinkler system + elevator + tile roof — uncommon for conventional multifamily and highly attractive to lenders/tenants
• 100% of units feature private outdoor space (patio, balcony, or backyard)
• Ability to add tenant amenities (Lounge/playroom, fitness area, or convert to an ADU, etc.)
• Laundry income expansion potential through additional laundry units/facilitiesv