Comm Ri Multi-units 5+ For Sale
3,697 Sqft - 414 Kearney St, EL CERRITO, California 94530
Property Description
Very-well located and maintained 5-unit apartment property within a five-minute walk to El Cerrito Plaza BART & one-minute walk to plaza shopping center. Walk Score of 92 and Biker’s Paradise Score of 94. Three – 1 bed/1ba & two – 2 bed/1ba units. Sep. metered for gas/electricity. Ind. water heaters + dishwashers in each unit. Covered carport parking for five cars + one tandem space behind. Many recent capital improvements, including; electrical, vinyl windows & exterior paint. Sewer lateral compliant. Two units delivered vacant at close for immediate upside and increased cash flow. Low operating expenses. No rent control in El Cerrito.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40879208
Price : $1,720,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,697 Sqft
Year Built : 1959
Lot Area : 0.11 Sqft
Features
Heating System : Wall Furnace
Roof : Other
Address Map
Country : US
State : CA
County : Contra Costa
City : EL CERRITO
Zipcode : 94530
Street : Kearney St
Street Number : 414
Floor Number : 0
Longitude : W123° 41' 54.1''
Latitude : N37° 54' 5.4''
MLS Addon
Office Name : Colliers International
Building Type : Apt Complex
Area : El Cerrito
Address : 414 Kearney St
Cross Street : Central Ave
Directions to Property : Central Ave to Kearney St
LA1User Code : 183504786BE
LA1Agent First Name : Richard
LA1Agent Last Name : Martini
Status Category : Sold
Tot # Parking Spaces : 5
Tot # of Units : 5
List $/SqFt : $465
Age : 60
Apx Lot Sq Ft : 5,000 Sqft
Type of Building : Apt Complex
Annual Taxes : $21,994
Total Deposits : $0
ADDTL FEATURES MISC. : Wired For Cable Tv
ALL UNITS HAVE : Dishwasher, Refrigerator, Oven Range Built-in
EQUIPMENT ADDITIONAL : Water Heater Gas, Window Coverings
EXTERIOR : Stucco
FLOORING : Linoleum, Carpet, Laminate
LOT DESCRIPTION : Level, Regular
ON-SITE PARKING DESC : Covered Parking, Space Per Unit - 1, Tandem Parking, Carport - 1
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, License/ads, Other, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : In Laundry Room, Coin Operated, Laundry Equip - Owned
Census Tract : 3891
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $2,228
2nd Loan Balance : $89,100
Tot Other Loans : $540
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Owner, Projected
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,720,000
Sold Price : $1,740,000
Previous Price : $1,720,000
Sale $/SqFt : $0
