Home | Contra Costa County | El Cerrito | 94530 | 3263 Belmont Ave
MLS: EB41150291 | Status: | Price: $2,495,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 6,253 | 9,265 | 1963 |
Belmont Apartments presents a rare opportunity to acquire an 8-unit, transit-oriented multifamily asset in one of the East Bay’s most accessible and renter-friendly submarkets. Located just 0.5 miles from El Cerrito Plaza BART and I-80, the property offers exceptional connectivity to San Francisco, Oakland, and major employment centers, with a Walk Score of 89 and immediate access to retail and daily amenities. The property features a highly desirable 100% two-bedroom unit mix, with current rents averaging $2,180/unit—approximately 16% below the East Bay average and significantly below recent asking rents in nearby Berkeley and Albany. HUD FMRs of $2,912–$3,203 further support substantial mark-to-market potential through natural turnover. Recent capital improvements include new appliance packages in 7 of 8 units, updated flooring, 2026 exterior painting, electrical sub-panel replacements, sewer lateral replacement, completed soft-story seismic retrofit, and SB 721 compliance. Additional NOI upside may be achieved through RUBS, with potential recovery of 60–80% of master-metered water and trash expenses. El Cerrito is subject to California’s AB 1482 framework, with no local rent control and a nominal annual rent registry fee. With strong transit access, an ideal unit mix, below
| Field | Value |
|---|---|
| MLS # | EB41150291 |
| MLS Source | Bridge MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Flooring | Carpet - Wall to Wall, Laminate, Linoleum |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Tar/Gravel |
| Feature | Details |
|---|---|
| Garage/Parking | Spaces per Unit - 1, Garage: Car(s) |
| Complex Amenities | None |
Ethan Berger
NAI Northern California
License #: 01868467
Phone: (925) 588-9740
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 986 Kains Ave | $2,095,000 | – | – | 4,944 | |
| 1728 7th St | $2,768,000 | – | – | 4,512 | Active |
| 1614 Milvia St | $2,700,000 | – | – | 6,722 |
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This listing information is up-to-date as of October 05, 2026. For the most current information, please contact Ethan Berger, (925) 588-9740.