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1600 Kearney St
El Cerrito, CA 94530 Outer Richmond/Martinez

$1,900,000 USD

Loft Creative Space For Sale  •  9,392 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 9,392 SF
  • Lot Size 0.45 AC
  • Building Class C
  • Year Built 1949
  • Cap Rate 5.30 %
  • Tenancy Multiple
  • Zoning TOHIMU
63 Transit Score
88 Walk Score

Highlights

Owner-User or Investor Opportunity - Owner-user can occupy part or all of the space, or an investor could acquire bring rents to market.
Potential Development - TOHIMU zoning. 45 units/acre but could likely capitalize on various state laws allowing additional bonus density.
Near Bart + Shopping - Walk to Bart and outstanding neighborhood area shops, markets, restaurants, and bars.
Flexible office AND industrial zoning

Financial Summary (Proforma)

Net Operating Income: $153,931 USD (2026)
Cap Rate: 5.30 %
Total Expenses: $52,767 USD

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.1 mi
6 min - 4.5 mi
Transit/SubwayDriveWalkDistance
El Cerrito Del Norte Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART)) 2 min 6 min 0.3 mi
AirportDriveWalkDistance
Metro Oakland International 27 min - 19.4 mi
San Francisco International 40 min - 27.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
Davide Pio, CCIM 510-815-2000 BCRE
Davide Pio, CCIM 510-815-2000 BCRE