1600 Kearney St

El Cerrito, CA 94530 Active for $2,600,000

Overview
Map & Location
Median Values
Schools & Score
Property History
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Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 19,602 sqft

Property Facts

MLS	41088776
Year Built	1949
Property Type
County	Contra Costa
Status	Active
Active	$2,600,000
Structure Size	N/A sqft
Lot Size	19,602 sqft
Beds	N/A
Baths

Description

Cap Rate - 3.16% (Current) | GRM - 16.95 (Current) vs Cap Rate - 5.57% (Proforma) | GRM - 11.53 (Proforma). 1600 Kearney in El Cerrito was home to Cerrito Printing and had the power to support the workload. An additional suite was added, and currently, the building is divided into four (4) separate suites of varying sizes with long-term tenants. The property is a perfect fit for a variety of buyers. An owner-user could occupy all or some of the space while retaining some rental income, or an investor could acquire the building and bring rents to market rates. Additionally, TOHIMU zoning allows 45+ units/acre. Being in the heart of the East Bay, the building is within a two (2) mile distance to both El Cerrito Del Norte and El Cerrito Plaza Bart stations, and Highway 80. Oakland and San Francisco including their respective airports are all within a 10-to-25 mile distance.

Listing information courtesy of: Davide Pio, BCRE 510-815-2000. *Based on information from the Association of REALTORS/Multiple Listing as of 04/03/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.