3425 Carlson Blvd, El Cerrito, California 94530, El Cerrito, 94530 - 0 bed, 0 bath
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El Cerrito, California 94530
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,728,000—positioned slightly above the $1,668,932 Fair Market Value. While the property requires modernization due to its Fair Condition Rating, it offers significant upside through value-add renovations. Key features include private decks, enclosed garages, and a panoramic San Francisco Bay view, ensuring strong tenant demand near BART and major highways. This property is an ideal choice for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a prime East Bay location.
Property is moderate renovation needed.
The property was built in 1975 (49 years old) and the listing does not mention any recent renovations to kitchens, baths, or major systems. While the exterior appears well-maintained and functional, the age of the structure and the 1970s-style architecture suggest that interiors and systems are likely dated and will require minor repairs or modernization to meet current market standards.
Strategically situated near El Cerrito Plaza, BART, and major highways (80/580), this property offers exceptional convenience for commuters, ensuring high tenant demand and low vacancy rates.
Unlike many multi-family assets, all units feature private decks and enclosed garages, providing premium lifestyle features that command higher market rents and improve tenant retention.
The combination of a 2-bedroom unit with an attached two-car garage and three large 1-bedroom units makes this an ideal choice for both portfolio investors and owner-occupants looking to house-hack.
Built in 1975, the property may require near-term capital expenditures for aging systems or cosmetic modernizations to remain competitive with newer luxury developments in the East Bay.
At a list price of $1.728M, the cost per unit is significant, which may result in a tighter capitalization rate for investors unless current rents are already optimized to market levels.
Rare investment opportunity in El Cerrito. This premium 4-plex features one 2-bedroom, 1-bathroom unit with an attached two-car garage, plus three large 1-bedroom, 1-bathroom units featuring spacious eat-in kitchens, private decks, and enclosed garages. Strategically located for commuters, conveniently near El Cerrito Plaza, BART and Highways 80 and 580, while also offering easy proximity to the popular shops and dining on Solano Avenue. At a coveted East Bay location, 3425 Carlson could be the perfect addition to your portfolio or an ideal choice for your first investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,504 | 2,008 |
| Lot Size | 5,000 | 4,500 |
| Price | $1.73M | $1.10M |
| Price per sq ft | $493 | $567 |
| Built year | 1975 | 1966 |
| HOA | $0 | $0 |
| Days on market | 41 | 46 |
Jun 11, 2026
$1,728,000
Initial Listing
Mar 14, 2019
$1,500,000
Public Record
Jun 7, 2018
$100,000
Public Record