Bought with Richard Martini • Colliers International
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Key Details
Sold Price $1,740,000
Property Type Commercial
Sub Type Apt Complex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,697 sqft
Price per Sqft $470
MLS Listing ID 40879208
Sold Date 10/02/19
HOA Y/N No
Originating Board BAY EAST
Year Built 1959
Lot Size 5,000 Sqft
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.
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Linoleum, Carpet
Fireplace No
Window Features Window Coverings
Appliance Dishwasher, Built-In Range, Refrigerator, Gas Water Heater
Laundry Coin Operated, Laundry Room, Laundry Equip - Owned
Exterior
Parking Type Carport, Covered, Space Per Unit - 1, Tandem
Building
Lot Description Level, Regular
Water Public
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