555 Liberty Street

El Cerrito, CA 94530

$1,895,000
Price
11
Beds
5.5
Baths
4,226 Sq. Ft.
$448 / Sq. Ft.
4,226
Sq. Ft.
$448
per Sq. Ft.

Description

This meticulously maintained fourplex in the sought-after El Cerrito neighborhood offers an exceptional investment opportunity, blending classic charm with modern conveniences for tenant comfort. Ideally located in the heart of El Cerrito, it provides easy access to local amenities, including El Cerrito Plaza, Trader Joe's, Natural Grocery Company, public transportation, parks, and top-rated schools. The property features four spacious units: three with three bedrooms, one and a half bathrooms, large...This meticulously maintained fourplex in the sought-after El Cerrito neighborhood offers an exceptional investment opportunity, blending classic charm with modern conveniences for tenant comfort. Ideally located in the heart of El Cerrito, it provides easy access to local amenities, including El Cerrito Plaza, Trader Joe's, Natural Grocery Company, public transportation, parks, and top-rated schools. The property features four spacious units: three with three bedrooms, one and a half bathrooms, large living rooms, fireplaces, and dining areas, and one with two bedrooms and one bathroom. Recent updates, including fresh interior paint and new flooring in Unit 2, enhance the appeal. With a strong rental history and consistent occupancy, this property is a proven performer. Upgraded interiors boast modern kitchens and bathrooms while maintaining classic charm, and 3 of the units includes a private backyard with a patio for outdoor enjoyment. Ample covered parking is provided for all tenants. Whether you’re an experienced investor or new to the market, this fourplex offers excellent return potential and long-term value, making it a standout opportunity.

Listing Agents

  1. Michele Manzone

    Michele Manzone

    Listing Agent

    Compass

    DRE #01028002

  2. Leslie Dopp-Manzone

    Leslie Dopp-Manzone

    Alternative Listing Agent

    Compass

    DRE #01120753

    lesliemanzone@compass.com

    P: (510)-388-2393

Property Details for 555 Liberty Street

City
EL CERRITO
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Park Spaces Total
4
Total # Parking Spaces
4
LISTING UPDATED: 10/31/2024 11:58 AM

Property Details for 555 Liberty Street

StatusActive
MLS #41073684
Days on Compass66
Taxes$24,676 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1969
Lot Size0.11 AC / 5,000 SF
CountyContra Costa County
Buyer's Agent Compensation2.5%
Compensation RemarksAny offer of compensation indicates the seller's willingness to consider paying buyer broker compensation. It is not a promise or a contract.

Building Information for 555 Liberty Street

Stories-Residences4Year Built1969Building Size-Lot Size0.11 AC / 5,000 SF

Property Information for 555 Liberty Street

Features
Feature Details
  • Flooring: Hardwood Floors, Partial Carpeting
  • Laundry: Coin Operated, Community Facility
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Dryer, Washer, Water Heater Gas, Carbon Mon Detector, Smoke Detector
  • City Transfer Tax: Yes
  • Exterior: Wood
  • Lot Description: Corner
  • Lot Sq Ft Apx: 5000
  • Lot Size Square Feet: 5000.0
  • Roof: Other
  • Sq Ft Apx: 4226
  • Yard Description: Patio
  • Year Built: 1969
  • Acres: 0.12
Location Details
  • Directions to Property: Corner of Lincoln and Liberty
  • FIPS Code: 06013
  • Parcel Number: 5040200379
  • Printed Neighborhood Rpt: No
  • Board ID: CONTRA COSTA
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Parking Description: Carport - 1
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Month to Month
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner, Projected
Income / Expense Details
  • Annual Expense Year: 2023
  • Annual Taxes $: $24,676
  • Annual Gross Fee Income: $135,600
  • Annual Gross Sched Income: $135,600
  • Annual Miscellaneous Income: $1,200
  • Annual Rental Income: $134,400
  • Gross Oper Income (Act): $135,600
  • Net Operating Income: $89,152
  • Annual Insurance Expense: $5,883
  • Annual License Expense: $721
  • Annual Maintance Expense: $1,988
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $46,448
  • Annual Utility Expense: $10,480
  • Annual Vacancy Expense: $0
  • Operating Expenses: Garbage Collection, Insurance, License/Ads, Maintenance/Repair, Miscellaneous/Other, Utilities, Vacancy Factor, Water
  • Other Annual Expense: $1,500
Unit 1 Details
  • Unit #/Address - 1: 1
  • Occupied By 1: Tenant
  • Dining Room 1: Yes
  • Air Cond 1: No
  • Fireplace 1: Yes
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 3
  • Bathrooms 1: 1.5
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 1000
  • Rent 1: 2850
Unit 2 Details
  • Unit #/Address - 2: 2
  • Occupied By 2: Tenant
  • Dining Room 2: Yes
  • Air Cond 2: No
  • Fireplace 2: Yes
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 3
  • Bathrooms 2: 1.5
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 1000
  • Rent 2: 3000
Unit 3 Details
  • Unit #/Address - 3: 3
  • Occupied By 3: Tenant
  • Dining Room 3: Yes
  • Air Cond 3: No
  • Fireplace 3: Yes
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 3
  • Bathrooms 3: 1.5
  • Parking Spaces 3: 1
  • Apx Sq Ft 3: 1000
  • Rent 3: 2850
Unit 4 Details
  • Unit #/Address - 4: 4
  • Occupied By 4: Tenant
  • Dining Room 4: Yes
  • Air Cond 4: Yes
  • Fireplace 4: Yes
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Parking Spaces 4: 1
  • Apx Sq Ft 4: 850
  • Rent 4: 2500
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
  • Total Deposits: 8100
Additional Information
Additional Information
  • Fireplace: No

Property History for 555 Liberty Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 555 Liberty Street

Taxable ValueLand$1,160,583Additions$597,699Total$1,758,282
Tax Record2024$25,397 ($2,116 / month)
Home Facts
Total Finished SqFt4,226 SqFtAbove Grade Finished SqFt4,226 SqFtStories1Lot Size5,000 SqFtStyleQuadraplexYear Built1969ZoningR3CountyCONTRA COSTAAPN504-020-037-9

Schools near 555 Liberty Street

This home is within West Contra Costa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Harding Elementary School
PublicK to 6

Fred T. Korematsu Middle School
Public7 to 8

El Cerrito Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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555 Liberty Street is a multi-family home for sale in El Cerrito, CA 94530. This property was listed for sale on September 19, 2024 by Compass, it's currently listed at $1,895,000. It has been on the market for a total of 66 days and was last sold on February 29, 2016. This listing's school district is West Contra Costa Unified School District. Nearby schools include Harding Elementary School, Fred T. Korematsu Middle School and El Cerrito Senior High School. 555 Liberty Street is a 11-bed, 5.5-bath, 4,226 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Michele Manzone, DRE #01028002; Compass, Leslie Dopp-Manzone, DRE #01120753

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.