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3115 Yosemite Ave
El Cerrito, CA 94530
6 Spacious, Value-Add Units Near BART · Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 5,445 SF
Average Occupancy 83%
No. Stories 2
Year Built 1965
Parking Ratio 1.1/1,000 SF

AMENITIES

UNIT AMENITIES

  • Balcony
  • Disposal
  • Storage Space
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Deck
  • Dining Room
  • Freezer
  • Linen Closet
  • Patio

SITE AMENITIES

  • Courtyard
  • Laundry Facilities
  • Gas Range
  • Storage Space
  • Public Transportation

ABOUT 3115 YOSEMITE AVE , EL CERRITO, CA 94530

CBRE, Inc. is pleased to offer for sale, 3115 Yosemite Ave, a 6-unit, value-add apartment building centrally located in El Cerrito, just 6 Blocks from the El Cerrito Plaza BART Station and shopping center. Delivered to investors and 1031 Exchange buyers, this ±5,445 Sq. Ft., 1965 asset is comprised of 6 spacious units and features a unit mix of 2 X one-bedroom, one-bathroom units, 3 X two-bedroom, one-bathroom units and 1 X three-bedroom, two-bathroom unit. 5 of the 6 units include a private balcony or patio. The property also features 6 covered carports, 6 storage lockers, 4 storage closets and a common area courtyard. With in-place rents that are approximately 33% below market rate, there is potential to increase the net operating income of the property by nearly 92% by stabilizing the asset.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - -
2+1 3 - -
3+2 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
510-036-021-2
Land Assessment
$1,093,645
Improvements Assessment
$1,093,645
Total Assessment
$2,187,290
  • Listing ID: 16787134

  • Date on Market: 8/1/2019

  • Last Updated:

  • Address: 3115 Yosemite Ave, El Cerrito, CA 94530

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