FOURPLEX

$760,000 – Sold

914-920 Elm St.
El Cerrito, Contra Costa

Bedrooms: 6
Baths: 4
Kitchen:
Dining:
Living Room:
Fire Place:
Flooring: Carpet
Garage: 4
Stories: 2

Property Type: Residential Income
Year Built: 1952
Interior Square Footage: 2,641 sq. ft.
Lot Square Footage: 5,000 sq. ft.
MLS #40597544

Great investment opportunity for this El Cerrito 4-plex with a Walk score of 86. The property features original 1950’s vintage kitchens and baths in good condition. All units have a 1 car private garage. Currently rents are below market but there is great upside potential for this turn-key property. The roof was replaced in 2006. The windows have been replaced with dual pane. There is at present no operating laundry facility on the property but there are laundry rooms that could have laundry restored. With great access to shopping, restaurants, and transportation (El Cerrito Plaza, Trader Joes, El Cerrito Natural Foods, El Cerrito Community Pool, parks, and BART) the location is appealing for future tenants. Total Monthly Income = $3,055 Projected Monthly Income=$5,000 Gross Yearly Income=$36,660 Projected Gross Yearly Income=$60,000

Gallery

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510.703.6934