6016 Avila St, El Cerrito, California 94530, El Cerrito, 94530 - bed, bath
ACTIVE$1,495,000/sqft
6016 Avila St, El Cerrito, California 94530
0Bed
0Bath
Sqft
5,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Accessibility: The property boasts a terrific walk score of 95, is minutes from El Cerrito Bart station, close to major shopping centers like Pacific East Mall and El Cerrito Plaza, and offers easy freeway access, making it highly desirable for tenants.
Top Cons:
Age of Property & Potential System Upgrades: Built in 1967, while well-maintained, the property's age suggests that major systems (plumbing, electrical, roofing) may eventually require significant capital investment beyond the recent cosmetic updates.
Compared to the nearby listings
Price:$1.50M vs avg $1.08M (+$415,000)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1967 (59 years old).
Condition: The property, built in 1967, is described as 'well maintained' with 'newer exterior paint' and one 'newly remodeled' bathroom (Unit B). However, the lack of interior images for the other three units, especially kitchens and bathrooms, makes a full assessment challenging. The property's age suggests that while functional, many systems and finishes in other units may be outdated, as indicated by the 'potential system upgrades' weakness. This aligns with a 'Fair' condition, signifying an aged but maintained property requiring minor updates or showing signs of being outdated in areas not recently renovated.
Year Built
1967
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41118451
Home ConditionFair
Features
Deck
Patio
View-
About this home
Marvelous, well maintained fourplex near downtown El Cerrito with established tenants. Three units are 2 bed, 1 bath, and there is a ground-floor potential owner's unit that is 3 bed, 2 bath, with a private patio. Each unit has a private garage. Newer exterior paint, this investment is ready to go! Unit B bathroom is newly remodeled. Unit C and Unit D have outdoor decks for enjoyment as well. Laundry room with coin operated washer/dryer for tenants. Close to Pacific East Mall with Ranch 99, El Cerrito Plaza, and minutes away from El Cerrito Bart station. This property has a terrific walk score of 95, and has a shortcut to San Pablo Ave via walking in the court. Many other options of transportation available and close to freeway as well! Sewer Lateral and Balcony Inspection Compliant.
R
Renee Bartels
Listing Agent
Condition Rating
Fair
The property, built in 1967, is described as 'well maintained' with 'newer exterior paint' and one 'newly remodeled' bathroom (Unit B). However, the lack of interior images for the other three units, especially kitchens and bathrooms, makes a full assessment challenging. The property's age suggests that while functional, many systems and finishes in other units may be outdated, as indicated by the 'potential system upgrades' weakness. This aligns with a 'Fair' condition, signifying an aged but maintained property requiring minor updates or showing signs of being outdated in areas not recently renovated.
Pros & Cons
Pros
Prime Location & Accessibility: The property boasts a terrific walk score of 95, is minutes from El Cerrito Bart station, close to major shopping centers like Pacific East Mall and El Cerrito Plaza, and offers easy freeway access, making it highly desirable for tenants.
Well-Maintained & Compliant: Described as 'marvelous, well maintained' with newer exterior paint, a newly remodeled bathroom in Unit B, and confirmed Sewer Lateral and Balcony Inspection Compliance, indicating reduced immediate capital expenditures for a new owner.
Strong Income Potential with Established Tenants: As a fourplex with established tenants, this property offers immediate and stable rental income, making it an attractive 'ready to go' investment opportunity.
Desirable Tenant Amenities: Each unit benefits from a private garage, Units C and D have outdoor decks, and there's a coin-operated laundry room, enhancing tenant satisfaction and potentially supporting higher rental rates.
Owner-Occupancy Flexibility: The ground-floor 3 bed, 2 bath unit with a private patio presents an excellent opportunity for an owner-investor to live on-site while generating income from the other three units.
Cons
Age of Property & Potential System Upgrades: Built in 1967, while well-maintained, the property's age suggests that major systems (plumbing, electrical, roofing) may eventually require significant capital investment beyond the recent cosmetic updates.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a competitive disadvantage in the rental market or a future upgrade cost for a new owner, especially during warmer months.
Active Property Management Required: As a fourplex, the property demands active management for multiple tenants, which can be time-consuming or incur additional costs for professional property management, potentially impacting net operating income.