$1,565,000
$1,295,000
20.8%For more information regarding the value of a property, please contact us for a free consultation.
434 Kearney El Cerrito, CA 94530-3387
5,227 Sqft Lot
Key Details
Sold Price $1,565,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41040959
Sold Date 10/25/23
HOA Y/N No
Year Built 1961
Lot Size 5,227 Sqft
Property Description
First time on the market in 26 years, a rarely available, well kept 4-plex near El Cerrito Plaza, BART, restaurants, shopping, entertainment, and cafes. Spacious units! Three 2 bedroom units approx. 900 sq. ft. each and a larger 3 bedroom/2 bath unit with a private and generous deck. All double pane windows, seismically upgraded, new drainage system with sump pump, recently painted, kitchens and baths remodeled and upgraded. Laundry in each unit. A Walker’s paradise with a 95 Walkscore and a Biker’s paradise with a 96 Bike score per walkscore.com. This is a well maintained, fully occupied turn key investment in a great location. Water, gas, and electricity are all separately metered! Each unit has parking and each unit has the potential to park an additional car in tandem. Priced at $335 per square foot! Location, quality and value for a savvy real estate investor or an owner occupant looking for a home plus additional income. Only 4 blocks to the Ohlone Greenway with a bike and walking path to Berkeley and beyond. AC bus lines within 3 blocks or less include the 667, 675, 71, 72, 72M, G, 79, 800, and L. Each unit has a storage space approx. 2'x7'x4' plus a private deck. Priced at 11.85 x GRM and 5.8% CAP rate.
Location
State CA
County Contra Costa
Interior
Heating Natural Gas, Wall Furnace
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features Carport
Total Parking Spaces 4
Building
Lot Description Street Level
Sewer Public Sewer
Others
Tax ID 5041510248
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Dominic Tang • Winkler Real Estate Group