3115 Yosemite Ave is a 6-unit, value-add apartment building centrally located in El Cerrito, just 6 Blocks from the El Cerrito Plaza BART Station and shopping center. Delivered to investors and 1031 Exchange buyers, this 5,445 Sq. Ft., 1965 asset is comprised of 6 spacious units and features a unit mix of 2 X one-bedroom, one-bathroom units, 3 X two-bedroom, one-bathroom units and 1 X three-bedroom, two-bathroom unit. 5 of the 6 units include a private balcony or patio. The property also features 6 covered carports, 6 storage lockers, 4 storage closets and a common area courtyard. With in-place rents that are approximately 33% below market rate, there is potential to increase the net operating income of the property by nearly 92% by stabilizing the asset.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
