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1600 Kearney St, El Cerrito, CA 94530
Priced at Only: $2,250,000
For more Information Call Mobile: 714.478.6676
Address: 1600 Kearney St, El Cerrito, CA 94530
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  • MLS#: 41088776 ( )
  • Street Address: 1600 Kearney St
  • Viewed: 4
  • Price: $2,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Days On Market: 78
  • Additional Information
  • County: CONTRA COSTA
  • City: El Cerrito
  • Zipcode: 94530
  • Provided by: BCRE
  • Contact: Davide Davide
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Cap Rate 4.29% (Current) | GRM 13.66 (Current) vs Cap Rate 6.65% (Proforma) | GRM 9.96 (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.
Features
Construction Materials
  1. Concrete
  2. See Remarks
Current Commercial Use
  1. COMM
  2. PSRV
Land Use
  1. Office
Netoperatingincome
  1. 144728.00
Parcel Number
  1. 5022320138
Roof
  1. Composition
Virtual Tour Url
  1. https://my.matterport.com/show/?m=YwcgZfZ8TS1&brand=0&mls=1&
Year Built
  1. 1949
Zoning
  1. TOHI
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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