1620 Lexington Ave El Cerrito, CA 94530

Well-maintained six-unit apartment property minutes from the del Norte BART station. The property, built in 1957 comprises a unit mix of two - 1bd/1ba and four - 2bd/1ba units. Off-street parking for 7 cars, including garage, carport and uncovered spaces. The units are separately metered for gas & electricity, while heat is provided by gas wall furnaces. Many exterior capital improvements, including; dual-pane vinyl windows, new concrete stairs as well as second floor decking and railings have been completed. Two units will be delivered vacant for maximum buyer flexibility. Significant opportunity to add-value and increase NOI and cash flow. Proforma cap rate 5.74%.