Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
N/A
Discover a rare chance to own a stunning 8-unit building in one of Berkeley's most desirable neighborhoods! This well-maintained property exudes pride of ownership and is set on a generous lot that features five reserved parking spots and a convenient community laundry area. Each of the 8 units offers spacious 2-bedroom, 1-bathroom layouts, perfect for a variety of tenants. Several units have been tastefully updated, adding modern touches while retaining their classic charm. Additionally, the property includes a non-conforming manager's unit, providing extra flexibility for onsite management or additional rental income*. Some units also have additional storage and balconies. This is not just an investment; it’s an opportunity to be a part of the rich tapestry of Berkeley, a city known for its eclectic mix of cultures, progressive spirit, and unparalleled intellectual vibrancy. Don’t miss your chance to own a fabulous building in this iconic city—opportunities like this are truly one-of-a-kind! Cap Rate of 6% - Huge upside potential. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information. Buyer must conduct their own investigation with the city and appropriate boards and rely solely on that investigation.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
None
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.2104
-
Property Type
Residential Income
Price
-
Sales Price
$2,875,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Alameda
Elementary School
Middle School
High School
Listing Courtesy of Negar Souza , Red Oak Realty
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