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Updated almost 8 years ago on . Most recent reply

User Stats

257
Posts
129
Votes
Doug Woodville
  • El Cerrito, CA
129
Votes |
257
Posts

4 plex insurance rates, California bay area

Doug Woodville
  • El Cerrito, CA
Posted

Is there anyone that can provide me with a current insurance rate for a 4 plex in the bay area? I'm trying to get as accurate as I can in my analysis and this is one of the areas I'm lacking in with experience. 

Thank you!

Most Popular Reply

User Stats

46
Posts
71
Votes
Robert Marston
  • Real Estate Agent
  • San Leandro, CA
71
Votes |
46
Posts
Robert Marston
  • Real Estate Agent
  • San Leandro, CA
Replied

I have a client who has a 4-plex in Lincoln Highlands of Oakland and she pays $2449/yr for property insurance. I did a quick scan of the MLS just now and I see a lot of 4-plex properties that according to the posted financials are running $2,000-$2,800 for their property insurance.

Hope this helps!

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