El Cerrito, CA 94530,614 Lexington Ave
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El Cerrito, CA 94530,614 Lexington Ave
El Cerrito, CA 94530,614 Lexington Ave
El Cerrito, CA 94530,614 Lexington Ave
El Cerrito, CA 94530,614 Lexington Ave

$1,850,000

Est. payment /mo

$1,900,000

2.6%
Est.Price: ?

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614 Lexington Ave El Cerrito, CA 94530

7,431 Sqft Lot

SOLD DATE : 07/27/2022

Key Details

Sold Price $1,850,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40991846

Sold Date 07/27/22

HOA Y/N No

Year Built 1974

Lot Size 7,431 Sqft

Property Description

With six units (4, 1BR/1BA | 2, 2BR/1BA) spread across 4,082 square feet, 614 Lexington Avenue is an investment opportunity that’s as expansive as it is rare. Why rare?—Because only one or two multifamily listings like this come on the market each year in El Cerrito. Seated in one of El Cerrito’s best areas, this listing is less than a mile from a wide array of parks, schools, retailers (including Trader Joe’s, Costco, and Ranch 99), and thoroughfares (including San Pablo Avenue and I-80), making this an exceptionally convenient place to live. While the building has been well-maintained and is set back from the street for additional privacy, it could do with some modernization to maximize its potential value and cash flow. Speaking of cash flow, the property will generate more than $12,000 per month right away thanks to existing leases.

Location

State CA

County Contra Costa

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Total Parking Spaces 7

Others

Tax ID 503403012

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California Regional MLS (CRMLS)
Listed by Joey Wang • Keller Williams Realty
Bought with Joey Wang • Keller Williams Realty

Andrew Rhoda

Agent | License ID: 01879250

+1(310) 295-7596

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