NOT LISTED FOR SALE

5732 Central Ave El Cerrito, CA 94530

Estimated Value: $1,365,609 - $1,601,000

9 Beds
13 Baths
3,680 Sq Ft
$407/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $1,500,000 $408 Per Sq Ft

Current estimated payment $9,765/month

105 Days on Market

Highlights

  • 4 Car Attached Garage
  • Washer and Dryer
  • 1-minute walk to Central Park
  • Laundry Facilities
  • Carpet

About This Home

As of October 2021

A phenomenal Fourplex that is conveniently located near to El Cerrito Bart station, shops, restaurants, schools, parks, and highway 80. You can owner occupy one unit and rent the other 3 or rent the whole building! So many opportunities for the lucky new owner. This amazing Fourplex in El Cerrito is an investment opportunity not to be missed!

Last Agent to Sell the Property

Luis Sanchez

Compass License #01982146 Listed on: 06/30/2021

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,410 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 9 Bedrooms
  • 3,680 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $103,476

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 510-021-020-1

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Property on Central Avenue.
  • Lot Size Acres: 0.1242
  • Stories: 2
  • CapRate: 4.26
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 407.61
  • Square Footage: 3680
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: None
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 4
  • Garage Spaces: 4

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 510-021-020-1
  • Lot Size Sq Ft: 5410

Rental Info

  • TenantPays: Cable TV, Electricity

Building Info

  • Year Built: 1963

Multi Family

  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 19, 2021
Sold by
Choera Chime and Choera Choedon
Bought by
Gee Hubert and Gee Christina Iting
Seller's Agent
Luis Sanchez
Compass
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,499,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$598
Avg. Annual Appreciation
-0.01%
Original Mortgage
$835,000
Outstanding Balance
$762,324
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$737,078

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 5, 2021
Sold by
Wu Chia Ying
Bought by
Chang Chia Heng
Seller's Agent
Luis Sanchez
Compass
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Outstanding Balance
$762,324
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$737,078

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 27, 2021
Sold by
Dolkar Tsering
Bought by
Lama Tenzing Gawa Surshar
Seller's Agent
Luis Sanchez
Compass
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$835,000
Outstanding Balance
$762,324
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$737,078

Purchase Details

Closed on
May 20, 2004
Sold by
Pijma Auke and Hou Chen Li
Bought by
Choera Chime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2004
Sold by
Choera Chime
Bought by
Choera Chime and Choera Choedon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2002
Sold by
Pijma Auke and Hou Chenli
Bought by
Pijma Auke and Hou Chenli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 1998
Sold by
Tsang Shu Mei
Bought by
Pijma Auke and Hou Chenli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gee Hubert $1,500,000 Old Republic Title Company
Lama Tsering Dolma Surshar -- Old Republic Title Company
Chang Chia Heng -- Old Republic Title Company
Lama Tenzing Gawa Surshar -- Old Republic Title Company
Choera Chime $820,000 Placer Title
Choera Chime -- --
Choera Chime -- Placer Title
Pijma Auke -- Commonwealth Land Title Co
Pijma Auke $305,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gee Hubert $835,000
Previous Owner Choera Chime $451,000
Previous Owner Pijma Auke $310,000
Previous Owner Pijma Auke $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $1,500,000 0.0% $408 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $1,500,000 -- $408 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

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 $23,086 $1,591,812 $795,906 $795,906
2024 $22,162 $1,560,600 $780,300 $780,300
2023 $22,162 $1,530,000 $765,000 $765,000
2022 $21,898 $1,500,000 $750,000 $750,000
2021 $16,672 $1,077,072 $354,643 $722,429
2019 $15,716 $1,045,127 $344,125 $701,002
2018 $15,207 $1,024,635 $337,378 $687,257
2017 $14,983 $1,004,545 $330,763 $673,782
2016 $14,948 $984,849 $324,278 $660,571
2015 $15,007 $970,057 $319,408 $650,649
2014 $11,758 $700,000 $230,400 $469,600
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Luis Sanchez

    Compass

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321059372

Bay Area Real Estate Information Services (BAREIS)

APN: 510-021-020-1

California Contra Costa County El Cerrito 94530

5732 Central Ave, El Cerrito, CA

Not Listed for Sale

MultiFamily

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