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2077 Key Blvd El Cerrito, CA 94530
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Key Details
Sold Price $1,620,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,514 sqft
Price per Sqft $461
MLS Listing ID 40880073
Sold Date 12/02/19
Bedrooms 8
HOA Y/N No
Year Built 1959
Lot Size 5,227 Sqft
Acres 0.12
Property Description
$100,000 Price Reduction | Year 1 Over 6%CAP Nestled along the tree lined Key Boulevard, this 3,514 Sq. Ft, 1959 asset is comprised of 4 X two-bedroom, one-bathroom units. All four units provide an approximate 850 square feet of living space each. The units feature updated kitchen cabinets, countertops, and in-unit washer/dryer. The bottom two units include patios while the top two units have balconies with partial views. In addition, the property will be delivered with a vacant 1 X one-bedroom, one bathroom non-conforming bonus unit. The property also features two garages that can be used for parking or storage. With in-place that are approximately 25% below market rate, there is potential to optimize returns upon unit turnover for an asset exempt from rent control.
Location
State CA
County Contra Costa
Area El Cerrito
Rooms
Basement Other
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Exterior
Exterior Feature Other
Utilities Available Other Water/Sewer
Parking Type Other
Building
Lot Description Other
New Construction No
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Bought with VictorReyes