2021 Key Blvd El Cerrito, CA 94530
Estimated payment $11,872/month
About This Home
2021 Key Blvd presents a rare opportunity to own a one-of-a-kind fourplex in a prime El Cerrito location near Del Norte BART, shops, restaurants, schools, parks, and Highway 80. Ideal for owner-occupants or investors, this property offers strong cash flow with excellent future growth potential. Each unit features 2 bedrooms and 1 bath, private patio, garage parking, and in-unit laundry, and is separately metered for utilities. The top two units have been fully renovated down to the studs with upgraded electrical, modern kitchens, gas stoves, and stylish bathrooms. Tenants pay water, gas, and electricity, owner covers only garbage resulting in low operating expenses. With long-term tenants, solid rents, and pride of ownership throughout, this is a rare chance to secure a high-quality multi-unit investment in El Cerrito. Don't miss it!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,948
Year Built
- Built in 1961
Parking
- 4 Car Attached Garage
Home Design
- 3,204 Sq Ft Home
- Quadruplex
Additional Features
- 8 Bedrooms
- Laundry in unit
- 4,961 Sq Ft Lot
- Individual Gas Meter
Community Details
- 4 Units
- Gross Income $130,200
Listing and Financial Details
- Assessor Parcel Number 501-261-003-5
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $27,948 | $2,002,770 | $1,248,480 | $754,290 |
| 2024 | $27,462 | $1,963,500 | $1,224,000 | $739,500 |
| 2023 | $27,462 | $1,925,000 | $1,200,000 | $725,000 |
| 2022 | $19,934 | $1,328,778 | $781,955 | $546,823 |
| 2021 | $19,902 | $1,302,724 | $766,623 | $536,101 |
| 2019 | $18,771 | $1,264,086 | $743,886 | $520,200 |
| 2018 | $18,172 | $1,239,300 | $729,300 | $510,000 |
| 2017 | $17,905 | $1,215,000 | $715,000 | $500,000 |
| 2016 | $3,877 | $103,501 | $41,396 | $62,105 |
| 2015 | $3,880 | $101,948 | $40,775 | $61,173 |
| 2014 | $4,077 | $99,952 | $39,977 | $59,975 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | For Sale | $1,800,000 | -6.5% | $562 / Sq Ft |
| 02/04/2025 02/04/25 | Off Market | $1,925,000 | -- | -- |
| 09/08/2022 09/08/22 | Sold | $1,925,000 | +2.7% | $601 / Sq Ft |
| 08/12/2022 08/12/22 | Pending | -- | -- | -- |
| 07/27/2022 07/27/22 | For Sale | $1,875,000 | -- | $585 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,925,000 | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $1,215,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,443,750 | New Conventional | |
| Previous Owner | $911,250 | New Conventional |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 325079141
APN: 501-261-003-5
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Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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