1620 Lexington Ave | El Cerrito, CA 94530
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This Multifamily Property is no longer advertised on LoopNet.com.
1620 Lexington Ave
El Cerrito, CA 94530
Multifamily Property For Sale · 6 Units
Investment Highlights
- Ideal Unit Mix - Two - 1BD / 1BA & Four - 2BD / 1BA Units
- Many Exterior Capital Improvements - Including Vinyl Windows, New Railings Throughout and New Decking/Coating
- Two Units Delivered Vacant For Maximum Buyer Flexibility
- Three Minute Walk To El Cerrito del Norte BART Station - 88 Walk Score
- Garage and Carport Off-Street Parking
- Long-Term Ownership Affords Significant Opportunity to Add Value, Increase NOI and Cash Flow - 5.74% Stabilized Cap Rate
PROPERTY FACTS
No. Units | 6 | Building Size | 3,864 SF |
Property Type | Multifamily | Average Occupancy | 83% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built | 1957 |
Building Class | C | Parking Ratio | 1.81/1,000 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 | 3,864 SF |
Average Occupancy | 83% |
No. Stories | 2 |
Year Built | 1957 |
Parking Ratio | 1.81/1,000 SF |
Unit Amenities
- Cable Ready
- Disposal
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Eat-in Kitchen
- Refrigerator
- Tub/Shower
- Carpet
Site Amenities
- Laundry Facilities
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 2 | $1,753 | 525 |
2+1 | 4 | $1,797 | 625 |
PROPERTY TAXES
Parcel Number | 502-220-014-0 | Improvements Assessment | $806,518 |
Land Assessment | $1,061,208 | Total Assessment | $1,867,726 |
PROPERTY TAXES
Parcel Number
502-220-014-0
Land Assessment
$1,061,208
Improvements Assessment
$806,518
Total Assessment
$1,867,726
Learn More About Investing in Apartment Buildings
Listing ID: 20280454
Date on Market: 7/14/2020
Last Updated:
Address: 1620 Lexington Ave, El Cerrito, CA 94530
The Multifamily Property at 1620 Lexington Ave, El Cerrito, CA 94530 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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