El Cerrito, CA 94530,2077 Key Blvd
Listed by Louis Kwok • Marcus & Millichap
Bought with Victor Reyes • Keller Williams Realty

$1,620,000

Est. payment /mo

$1,650,000

1.8%
Est.Price: ?

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2077 Key Blvd El Cerrito, CA 94530

3,514 SqFt

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

Square Footage 3,514 sqft

Price per Sqft $461

MLS Listing ID 40880073

Sold Date 12/02/19

HOA Y/N No

Originating Board Bridge AOR

Year Built 1959

Lot Size 5,227 Sqft

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 Other

Cooling Other

Flooring Other

Fireplace No

Exterior

Parking Type Other

Building

Lot Description Other

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Alessandra Imanabadi

Alessandra Imanabadi

Nationwide Fine Homes

+1(510) 504-2528

Our team is ready to help you sell your home for the highest possible price ASAP


Bay East AOR and Contra Costa AOR

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Alessandra Imanabadi

Broker/ Realtor | License ID: 01390368 NMLS Lic.# 328245

+1(510) 504-2528

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