El Cerrito, CA 94530,2077 Key Blvd
El Cerrito, CA 94530,2077 Key Blvd
El Cerrito, CA 94530,2077 Key Blvd
El Cerrito, CA 94530,2077 Key Blvd
El Cerrito, CA 94530,2077 Key Blvd
El Cerrito, CA 94530,2077 Key Blvd
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$1,620,000

$1,650,000

1.8%
Est.Price: ?

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Est. payment /mo

5,227 Sqft Lot


SOLD DATE : 12/02/2019

Key Details

Sold Price $1,620,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40880073

Sold Date 12/02/19

HOA Y/N No

Year Built 1959

Lot Size 5,227 Sqft

Acres 0.12

Property Description

$100,000 Price Reduction | Year 1 Over 6%CAP Nestled along the tree lined Key Boulevard, this 3,514 Sq. Ft, 1959 asset is comprised of 4 X two-bedroom, one-bathroom units. All four units provide an approximate 850 square feet of living space each. The units feature updated kitchen cabinets, countertops, and in-unit washer/dryer. The bottom two units include patios while the top two units have balconies with partial views. In addition, the property will be delivered with a vacant 1 X one-bedroom, one bathroom non-conforming bonus unit. The property also features two garages that can be used for parking or storage. With in-place that are approximately 25% below market rate, there is potential to optimize returns upon unit turnover for an asset exempt from rent control.

Location

State CA

County Contra Costa

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Exterior

Garage Other

Parking Type Other

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California Regional MLS (CRMLS)
Listed by LOUIS KWOK • MARCUS & MILLICHAP
Bought with Victor Reyes • Keller Williams Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

 

Scott Greenspan 

Broker Owner

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA, 90275, USA

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