3115 Yosemite Ave
El Cerrito, CA 94530
6 Spacious, Value-Add Units Near BART · Multifamily Property For Sale
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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 | - | - |
Property Taxes
| Parcel Number | 510-036-021-2 | Improvements Assessment | $1,115,517 |
| Land Assessment | $1,115,517 | Total Assessment | $2,231,034 |
Property Taxes
