$1,661,500
$1,600,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 02/17/2022
Key Details
Sold Price $1,661,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40976610
Sold Date 02/17/22
HOA Y/N No
Year Built 1960
Lot Size 5,227 Sqft
Property Description
Showings by Appt. Only- 2924 Santa Clara Avenue, a four-unit apartment building perfectly located in El Cerrito, California. Nestled in a quiet neighborhood, this 3,294 square foot asset is comprised of four two-bedroom/one-bathroom units. Built in 1960, each unit is approximately 824 square feet. The property also features two tuck-under parking areas that include one storage room for each unit as well as a laundry room. Residents enjoy a beautiful secluded garden that wraps around the back side of the building. With in-place rents that are approximately 30 percent below market rate, there is potential to optimize returns upon unit turnover or rental increase. The property is conveniently located just blocks from El Cerrito Plaza, San Pablo corridor, and Solano Avenue, which all provide a variety of retail options including Trader Joes, Home Depot, Walgreens, Starbucks, Panda Express, Burger King, Ross, Ace Hardware, and much more. Just a few minutes from El C
Location
State CA
County Contra Costa
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Garage Other
Parking Type Other
Total Parking Spaces 4
Others
Tax ID 510031001
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Bought with Michele Manzone • Compass