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$ 4,495,000
Est. payment | /mo
12,832 SqFt
$ 4,495,000
Est. payment | /mo
12,832 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,832 sqft
Price per Sqft $350
MLS Listing ID ML82064817
HOA Y/N No
Year Built 1963
Lot Size 0.350 Acres
Property Sub-Type Other
Property Description
Rare 21-Unit Value-Add Opportunity in the Heart of Berkeley! Located just minutes from UC Berkeley, downtown Berkeley, and major East Bay transit, this 12,832 SF multifamily asset sits on a generous 0.35-acre lot and features a desirable unit mix of studios, one-bedrooms, and two-bedrooms. Current rents sit meaningfully below market, offering an investor significant upside through lease-up and operational optimization. Individually metered electric and gas, carport parking, recent seismic retrofit, and a low-turnover tenant base round out this well-positioned offering in one of the East Bay's most supply-constrained and durable rental markets. Priced at $4,495,000 ($214k/unit), don't miss this chance to acquire a well-located asset with huge upside potential.
Location
State CA
County Alameda
Zoning MF
Interior
Heating Natural Gas
Cooling None
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 054180602503
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Listed by Eymon Binesh • Marcus & Millichap
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