1502 Hopkins St
Berkeley, CA 94707
Great Hopkins Street Location · Multifamily Property For Sale · 6 Units

Location, Location, Location. Hopkins street corridor and walking distance to Bart. Turnkey Building with a renovated vacant ready to lease! Seismic Upgrade, Electrical upgrade, garage, paint and much more over the last few years. Great unit mix with 4 large 2x1 corner units and 2 jr 1 beds. Owned Laundry creates additional income. Plenty of room to add additional amenities such as storage and parking to further drive income. All the units feature hardwood floors, unique period detailing and tons of light. The art deco stunner was built in 1947 and meticulously cared for since. Large floor plans provide for 4,860 square feet of gross building area, set on a lot of approximately 5,660 square feet. Built in 1947, 1325 Sacramento Street consists of a three-story apartment building with four (4) on-site garages located on the ground floor. The structure contains art deco features and is built of wood frame construction with a stucco exterior. Seismic upgrades were recently completed, recently with permits, to fix the property’s soft-story issue. The current owner has also upgraded and relocated the main electrical panels and painted the exterior of the building. Additional upgrades include the full renovation of unit 3 and common area improvements. All garage doors were replaced as well. Unit mix consists of two (2) jr one bedroom units and four (4) corner two bedroom units. The upgraded unit features a combination of hardwood and tiled floors throughout the unit. The bathrooms contain vanities, tubs with tiled surrounds and tiled floors. Many of the kitchens contain granite countertops, newer cabinetry and stainless steel appliances. There is ample closet space in all the units. Gas wall heaters provide heat to the units and all units are separately metered for gas and electricity. Each apartment contains an individual hot water heater. There areis a total of six (6) off street parking spaces, four (4) individual garages and two (2) off-street parking spots. Additional street parking is readily available throughout the neighborhood. Onsite washer/dryer facilities provide for the convenience of for the residents and add additional income to the buyer. The subject property is conveniently located just one block away from the shops and eaterys of the Hopkins Street shopping district, allowing the subject property provides residents with easy access to shopping and restaurants. With the significant recent capital improvements in excess of $100k the property presents investors with a true turn-key investment opportunity. The property presents an investor with the opportunity for a well maintainedwell-maintained property with substantial upside. 1325 Sacramento Street offers an investor the opportunity to acquire a low maintenance property in a central location with tremendous upside. The property will attract both Cal students and people who love the neighborhood.