Details
- Property Type Apartments
- Price $1,500,000
- Units 5
- Year Built 1940
- Building SF 4,528
- Per Unit $300,000
- Per SF $331
- Cap Rate 7.0%
- Land SF 6,463
- Listing Broker Coldwell Banker Realty, Haili Liang, DRE #1513871
Agent Notes
Great investment property with a walk score of 90. Located in a prime Central Berkeley neighborhood, it offers convenient access to UC Berkeley, local parks, shops, restaurants, and major commuter routes. Just 0.5 miles from North Berkeley BART and 0.7 miles from Downtown Berkeley BART.
The property consists of two separate buildings with a total of five units. The front building includes a 3-bedroom, 1-bath unit with a fully remodeled kitchen on the ground floor, along with two 1-bedroom, 1-bath units on the upper level.
The rear building features a 2-bedroom, 1-bath unit on the ground floor and a vacant 2-bedroom, 1-bath unit on the top floor. Strong rental income and an unbeatable location close to UC Berkeley and downtown make this a compelling investment opportunity.
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