1207-1233 University Ave | Berkeley, CA 94702
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This Multifamily Property is no longer advertised on LoopNet.com.
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 | Lot Size | 0.94 AC |
| Property Type | Multifamily | Building Size | 16,464 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1943 |
| Building Class | C | Parking Ratio | 1.57/1,000 SF |
| Zoning | C-1 - General Commercial | ||
| 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 | - | - |
LINKS
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
The Northwest Berkeley Multifamily Property at 1207-1233 University Ave, Berkeley, CA 94702 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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