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1207-1233 University Ave
Berkeley, CA 94702
Victory Village · Multifamily Property For Sale · 28 Units

INVESTMENT HIGHLIGHTS

  • Spacious 1bd/1bth Units with 30%+ Rental Upside Upon Gradual Rent Increases, Cap Ex Passthroughs, Owner Move In, & Buyouts
  • 30 Uncovered Parking Spots and 20 Rentable Private Garages
  • Incredible Location Near Several Popular Shopping and Dining Destinations, BART, and Freeway Access.
  • All Units Are Separately Metered For PG&E and Water, and Have Fireplaces, Hardwood Floors, and Ability to Add In Unit Washer/Dryers
  • Separate APN's Allow Maximum Flexibility and the Ability to Obtain 30 Yr Residential Financing at Historically Low Rates
  • Huge ADU, Development, and Unit Expansion Potential

PROPERTY FACTS

No. Units 28
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.94 AC
Building Size 16,464 SF
No. Stories 2
Year Built 1943
Parking Ratio 1.57/1,000 SF
Zoning C-1 - General Commercial

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 28 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 057-2083-018-08
  • 057-2083-018-04
  • 057-2083-018-06
  • 057-2083-018-03
  • 057-2083-018-05
  • 057-2083-018-07
  • 057-2083-018-09
Land Assessment
$2,292,187
Improvements Assessment
$5,348,446
Total Assessment
$7,640,633
  • Listing ID: 22330068

  • Date on Market: 2/25/2021

  • Last Updated:

  • Address: 1207-1233 University Ave, Berkeley, CA 94702

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