1600 Kearney St, El Cerrito, CA 94530
1600 Kearney St, El Cerrito, CA 94530,Video Tour
1600 Kearney St, El Cerrito, CA 94530
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,450,000
Est. payment /mo
0.45 Acres Lot
Save Virtual Tour

UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 41088776

HOA Y/N No

Year Built 1949

Annual Tax Amount $24,147

Lot Size 0.450 Acres

Property Description

Cap Rate - 5.97% (Current) | GRM - 10.41 (Current) vs Cap Rate - 8.93% (Proforma) | GRM - 7.69 (Proforma). 1600 Kearney in El Cerrito was home to Cerrito Printing and had the power to support the workload. An additional suite was added, and currently, the building is divided into four (4) separate suites of varying sizes with long-term tenants. The property is a perfect fit for a variety of buyers. An owner-user could occupy all or some of the space while retaining some rental income, or an investor could acquire the building and bring rents to market rates. Additionally, TOHIMU zoning allows 45+ units/acre. Being in the heart of the East Bay, the building is within a two (2) mile distance to both El Cerrito Del Norte and El Cerrito Plaza Bart stations, and Highway 80. Oakland and San Francisco including their respective airports are all within a 10-to-25 mile distance.

Location

State CA

County Contra Costa

Zoning TOHI

Interior

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 17

Others

Tax ID 5022320138

Virtual Tour https://my.matterport.com/show/?m=YwcgZfZ8TS1&brand=0&mls=1&

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Davide Pio BCRE #01522969

Nearby Locations

Ernie Caponera

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

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Newport Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1600 Kearney St

QUICK SEARCH
VIEW MORE