1015-1027 University Ave | Berkeley, CA 94710
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- LoopNet Team
1015-1027 University Ave
Berkeley, CA 94710
Multifamily Property For Sale
·
15 Units
Investment Highlights
- Walking distance to North Berkeley BART, UC Berkeley, 4th street shopping district.
- 7.7 percent cap rate upon renovation
- Roof-top billboard on a major street provides additional income
- All residential units ready to be remodeled
- Unit mix: five commercial; one four-bed/one-bath; two two-bed/one-bath; five one-bed/one-bath; and two studios
Property Facts
| No. Units | 15 | Building Size | 12,900 SF |
| Property Type | Multifamily | Average Occupancy | 26% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | Parking Ratio | 0.47/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | C-W | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 12,900 SF |
| Average Occupancy | 26% |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 0.47/1,000 SF |
| Zoning | C-W |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | - |
| 1+1 | 5 | - | - |
| 2+1 | 2 | - | - |
| 4+1 | 1 | - | - |
Property Taxes
| Parcel Number | 057-2088-012-00 | Improvements Assessment | $1,591,200 |
| Land Assessment | $683,400 | Total Assessment | $2,274,600 |
Property Taxes
Parcel Number
057-2088-012-00
Land Assessment
$683,400
Improvements Assessment
$1,591,200
Total Assessment
$2,274,600
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