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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 | Building Size | 5,445 SF |
| Property Type | Multifamily | Average Occupancy | 83% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.16 AC |
| 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 | - | - |
LINKS
PROPERTY TAXES
| Parcel Number | 510-036-021-2 | Improvements Assessment | $1,093,645 |
| Land Assessment | $1,093,645 | Total Assessment | $2,187,290 |
PROPERTY TAXES
Listing ID: 16787134
Date on Market: 8/1/2019
Last Updated:
Address: 3115 Yosemite Ave, El Cerrito, CA 94530
The Multifamily Property at 3115 Yosemite Ave, El Cerrito, CA 94530 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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