816 Lexington Ave | El Cerrito, CA 94530
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- LoopNet Team
816 Lexington Ave
El Cerrito, CA 94530
Near BART / Shopping/ Great Walk-Score · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Prime location walking distance (four-blocks) to El Cerrito Plaza, shopping, restaurants, and commerce.
- Three-blocks to BART, and half-a-block to Ohlone bike path with direct bike ride to UC Berkeley.
- Separately metered for gas, electricity, water, with tenants paying all utility expenses including individually tenant paid garbage bills.
- Strong unit mix of three two-bed/one-bath, and one-three-bed/two-bath (potential owner’s) unit.
- Four-car garage parking.
- First time on the market in 40-years. Superior Residential 30-year fixed rate financing available.
Property Facts
| No. Units | 4 | Building Size | 4,464 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1954 |
| Building Class | C | Parking Ratio | 0.9/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | RM - Multi-Family Dwelling | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,464 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1954 |
| Parking Ratio | 0.9/1,000 SF |
| Zoning | RM - Multi-Family Dwelling |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $2,125 | 1,000 |
| 3+2 | 1 | $2,950 | 1,464 |
Property Taxes
| Parcel Number | 503-234-010-0 | Improvements Assessment | $475,000 |
| Land Assessment | $1,100,000 | Total Assessment | $1,575,000 |
Property Taxes
Parcel Number
503-234-010-0
Land Assessment
$1,100,000
Improvements Assessment
$475,000
Total Assessment
$1,575,000
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