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Listed by David Howarth • The Pinza Group, Inc
Bought with Sadegh Ghorban Sadegh Ghorban
Bought with Sadegh Ghorban Sadegh Ghorban
$ 1,875,000
$ 2,150,000 12.8%
Est. payment | /mo
6,495 SqFt
$ 1,875,000
$ 2,150,000 12.8%
Est. payment | /mo
6,495 SqFt
Key Details
Sold Price $1,875,000
Property Type Commercial
Sub Type Garden Apts
Listing Status Sold
Purchase Type For Sale
Square Footage 6,495 sqft
Price per Sqft $288
Subdivision Berkeley
MLS Listing ID 41117607
Sold Date 04/30/26
HOA Y/N No
Year Built 1959
Lot Size 6,650 Sqft
Property Sub-Type Garden Apts
Source Bridge AOR
Property Description
8-unit apartment complex featuring eight 2bd/1bth units with excellent strong current cash flow and great upside. The property is easy to manage and is separately metered for water, gas and electric, providing for low annual operating expenses. The units feature remodeled interiors with functional layouts, making this an ideal asset for both owner-occupants and investors. Several units are rented to tenants with rents below market providing an opportunity for the next owner to increase rents over time for a significant increase in cash flow. Two units will be delivered vacant at closing making a perfect opportunity for possible owner-occupants. This is a high-demand rental location near UC Berkeley, many popular restaurants, coffee shops, schools, shopping centers and parks. This location offers exceptional convenience, just minutes from multiple BART lines and major highways, providing quick access to downtown San Francisco.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Tile, Wood, Other
Fireplace No
Building
Lot Description Corner Lot
Others
Special Listing Condition Standard
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