855 Liberty Street 855 Liberty St
5 Unit Block of Flats £1,234,096 (£246,819/Unit) 5.38% Net Initial Yield El Cerrito, CA 94530
INVESTMENT HIGHLIGHTS
- 5 Large units with an attractive unit mix, featuring (3) 2BR/1BA and (2) 3BR/2BA units.
- Beautifully maintained by current ownership, offering a stunning yard for tenants to enjoy, updated units and onsite laundry
- Ample covered parking spaces, perfect for commuter tenants
- Accessible upside! Perfect investment for a local investor looking to add value!
EXECUTIVE SUMMARY
We are pleased to present a rare opportunity to secure a stable investment in one of El Cerrito’s most sought-after neighborhoods. With consistent demand for safe housing in the East Bay and its proximity to major transit options like BART, this property offers long-term value and growth potential. The area’s strong rental market, coupled with El Cerrito’s desirable location near Berkeley and San Francisco, makes this an attractive option for investors seeking reliable returns and future appreciation. Whether as an income-generating asset or a long-term hold, 855 Liberty Street is a smart addition to any investment portfolio.
Located in a desirable El Cerrito neighborhood, 855 Liberty Street offers a perfect blend of suburban tranquility and urban convenience. Just minutes from El Cerrito Plaza and BART, the location provides easy access to Berkeley, Oakland, and San Francisco. Enjoy nearby parks, including Canyon Trail Park and Hillside Natural Area, as well as local shops, cafes, and restaurants along San Pablo Avenue. With top-rated schools and a welcoming community, this prime location delivers both convenience and a vibrant East Bay lifestyle.
Located in a desirable El Cerrito neighborhood, 855 Liberty Street offers a perfect blend of suburban tranquility and urban convenience. Just minutes from El Cerrito Plaza and BART, the location provides easy access to Berkeley, Oakland, and San Francisco. Enjoy nearby parks, including Canyon Trail Park and Hillside Natural Area, as well as local shops, cafes, and restaurants along San Pablo Avenue. With top-rated schools and a welcoming community, this prime location delivers both convenience and a vibrant East Bay lifestyle.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
£107,996
|
£17.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
£5,400
|
£0.86
|
| Effective Gross Income |
£102,596
|
£16.39
|
| Taxes |
£19,612
|
£3.13
|
| Operating Expenses |
£16,538
|
£2.64
|
| Total Expenses |
£36,150
|
£5.77
|
| Net Operating Income |
£66,446
|
£10.61
|
PROPERTY FACTS
| Price | £1,234,096 |
| Price Per Unit | £246,819 |
| Sale Type | Investment |
| Net Initial Yield | 5.38% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 11.43 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 6,260 SF |
| Number of Floors | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.13/1,000 SF |
UNIT AMENITIES
- Balcony
- Storage Space
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | 750 - 800 |
| 3+2 | 2 | - | 900 - 1,000 |
1 of 1
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 503-246-001-5 | Total Assessment | £1,302,523 (2024) |
| Land Assessment | £475,524 (2024) | Annual Taxes | £19,612 (£3.13/sf) |
| Improvements Assessment | £826,999 (2024) | Tax Year | 2025 |
