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In-PersonVirtual Tour
$ 8,000,000
Est. payment | /mo
0.29 Acres Lot
$ 8,000,000
Est. payment | /mo
0.29 Acres Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision North Berkeley
MLS Listing ID 41116678
HOA Y/N No
Year Built 1964
Lot Size 0.287 Acres
Property Description
Prime North Berkeley Location: Located in the heart of Berkeley's highly sought-after Northside neighborhood. Seller Financing Available at 4.50% (Short Term or Long Term). Attractive Physical Asset: Built in 1964, the ±25,644 SF building sits on a ±0.29-acre lot with 25 secure parking spaces. 24-Unit Multifamily Investment: Caters to a wide tenant base, ensuring steady occupancy and long-term rent growth. Value-Add Opportunity: With current average rents approximately 20–25% below market, investors can capitalize on organic rent growth. Favorable Unit Sizes: Large average unit size of ±1,068 SF provides flexibility for future renovations or student-oriented leasing strategies. For additional financial details and property information, contact us to receive the full Offering Memorandum.
Location
State CA
County Alameda
Interior
Fireplace No
Exterior
Total Parking Spaces 24
Others
Tax ID 5821946
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Listed by Ryland Montes De Oca Matthews Real Estate Investment Services Inc.