434 Kearney, El Cerrito, CA 94530-3387

Property Description

First time on the market in 26 years, a rarely available, well kept 4-plex near El Cerrito Plaza, BART, restaurants, shopping, entertainment, and cafes. Spacious units! Three 2 bedroom units approx. 900 sq. ft. each and a larger 3 bedroom/2 bath unit with a private and generous deck. All double pane windows, seismically upgraded, new drainage system with sump pump, recently painted, kitchens and baths remodeled and upgraded. Laundry in each unit. A Walker’s paradise with a 95 Walkscore and a Biker’s paradise with a 96 Bike score per walkscore.com. This is a well maintained, fully occupied turn key investment in a great location. Water, gas, and electricity are all separately metered! Each unit has parking and each unit has the potential to park an additional car in tandem. Priced at $335 per square foot! Location, quality and value for a savvy real estate investor or an owner occupant looking for a home plus additional income. Only 4 blocks to the Ohlone Greenway with a bike and walking path to Berkeley and beyond. AC bus lines within 3 blocks or less include the 667, 675, 71, 72, 72M, G, 79, 800, and L. Each unit has a storage space approx. 2'x7'x4' plus a private deck. Priced at 11.85 x GRM and 5.8% CAP rate.