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1015-1027 University Ave
Berkeley, CA 94710
Featured Property | 15 Units | Berkeley · Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
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

About 1015-1027 UNIVERSITY AVE , BERKELEY, CA 94710

Investment Property Advisors is proud to present this exclusive mixed use listing located in a vibrant Berkeley Neighborhood. 1015 University has 4 fully occupied, street front commercial spaces and 11 residential units. This is a tremendous opportunity to purchase a building in one of California's hottest real estate markets, with ALL of the 11 residential units delivered VACANT at the close of escrow. Currently only 4 of the 11 units are occupied and they can be vacated upon request of Buyer. With many new developments underway in Berkeley, now is the ideal time to upgrade the units and place brand new tenants in the building without having any long term, low paying tenants to work with. Located near BART, major freeways, UC Berkeley and much more, this is an ideal property for anyone investing in the Bay Area. ALL RESIDENTIAL UNITS DELIVERED VACANT - Rare opportunity to buy a Nearly vacant Berkeley property - ALL residential units can be delivered vacant - 4 street front commercial spaces (fully occupied) - Commercial spaces individually metered for PGE & water - Large basement with storage (additional income) - On-site parking (6 spaces) - Near downtown Berkeley, entertainment venues, dining and shopping - Close proximity to I-80, I-980 and Highway 24 - Near University of California, Berkeley - Near North Berkeley BART and Berkeley Amtrak

Property Taxes

Property Taxes

Parcel Number
057-2088-012-00
Land Assessment
$683,400
Improvements Assessment
$1,591,200
Total Assessment
$2,274,600
  • Listing ID: 3686498

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 1015-1027 University Ave, Berkeley, CA 94710

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