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1029 Ranchito Ct 2 Unit Apartment Building $1,417,063 CAD ($708,531 CAD/Unit) 3.74% Cap Rate El Cerrito, CA 94530
INVESTMENT HIGHLIGHTS
- Ideal unit mix of (2) 2-Bed/1-Bath units
- Located near El Cerrito Plaza
- Located near El Cerrito Del Norte BART Station
- Off street parking for all units
- Located near El Cerrito Plaza BART Station
EXECUTIVE SUMMARY
Built in 1953, the property at 1029 Ranchito Court in El Cerrito comprises 2 units in one one-story building. The building includes two two-bedroom units. The building offers off-street parking for all units. Located in one of the most desirable neighborhoods in El Cerrito, near major highways and
BART stations great for commuting, the property is a great investment opportunity for a new owner.
BART stations great for commuting, the property is a great investment opportunity for a new owner.
PROPERTY FACTS
| Price | $1,417,063 CAD | Apartment Style | Garden |
| Price Per Unit | $708,531 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 3.74% | Building Size | 1,800 SF |
| Gross Rent Multiplier | 18.45 | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.11/1,000 SF |
| Zoning | R3, El Cerrito | ||
| Price | $1,417,063 CAD |
| Price Per Unit | $708,531 CAD |
| Sale Type | Investment |
| Cap Rate | 3.74% |
| Gross Rent Multiplier | 18.45 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 1,800 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | R3, El Cerrito |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | 900 |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (83)
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1029 Ranchito Ct
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