$1,620,000
$1,650,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 12/02/2019
Key Details
Sold Price $1,620,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40880073
Sold Date 12/02/19
HOA Y/N No
Year Built 1959
Lot Size 5,227 Sqft
Property Description
$100,000 Price Reduction | Year 1 Over 6%CAP Nestled along the tree lined Key Boulevard, this 3,514 Sq. Ft, 1959 asset is comprised of 4 X two-bedroom, one-bathroom units. All four units provide an approximate 850 square feet of living space each. The units feature updated kitchen cabinets, countertops, and in-unit washer/dryer. The bottom two units include patios while the top two units have balconies with partial views. In addition, the property will be delivered with a vacant 1 X one-bedroom, one bathroom non-conforming bonus unit. The property also features two garages that can be used for parking or storage. With in-place that are approximately 25% below market rate, there is potential to optimize returns upon unit turnover for an asset exempt from rent control.
Location
State CA
County Contra Costa
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Garage Other
Parking Type Other
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Bought with Victor Reyes • Keller Williams Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States