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$ 1,225,000
Est. payment | /mo
3,499 SqFt
$ 1,225,000
Est. payment | /mo
3,499 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,499 sqft
Price per Sqft $350
Subdivision North Of Ashby
MLS Listing ID 41125410
HOA Y/N No
Year Built 1919
Lot Size 4,480 Sqft
Acres 0.1
Property Sub-Type Multi Family
Property Description
To access marketing package copy/paste: https://bit.ly/kitehillre. 1535 Julia Street presents a rare opportunity to acquire a 100% occupied, five-unit multifamily property in one of the East Bay's most coveted and supply-constrained rental markets. The property offers an exceptional unit mix — (3) one-bedroom, (1) two-bedroom, and (1) three-bedroom/two-bath units — delivering immediate, diversified cash flow from day one while appealing to a broad spectrum of renters. With updated interiors and modern finishes throughout, the asset is well-positioned to command premium rents as units turn, with an estimated 30–40% rental upside on the horizon — a compelling value-add runway that sets this offering apart. Ideally situated minutes from Ashby BART Station, residents enjoy direct, seamless access to Oakland and San Francisco, making this a premier transit-oriented location that consistently drives leasing demand. The surrounding neighborhood offers strong walkability, robust bike infrastructure, and proximity to Berkeley's vibrant retail and dining scene — exactly the lifestyle amenities today's renters prioritize. Separately metered gas, electric, and water utilities shift costs to tenants and protect the investor's bottom line.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Interior Features Storage
Heating Natural Gas
Cooling None
Flooring Wood
Fireplace No
Laundry Coin Operated
Exterior
Utilities Available Wired For Cable TV, Individual Electric Meter, Individual Gas Meter
Building
Lot Description Rectangular Lot, Paved
New Construction No
Others
Tax ID 5316106
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Listed by Jatin Mehta • Kite Hill Real Estate
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