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1334 Walnut St
Berkeley, CA 94709
Multifamily Property For Sale
·
5 Units
Investment Highlights
- RARE CHANCE TO ACQUIRE A 5-UNIT VALUE-ADD COMMUNITY IN NORTH BERKELEY WALKING DISTANCE FROM UC BERKELEY, THE #1 PUBLIC UNIVERSITY IN THE WORLD
- UC BERKELEY HAS THE 2ND LARGEST STUDENT POPULATION & THE LOWEST PERCENTAGE OF BEDS PER STUDENT OF ANY UC CAMPUS & PLANS TO CONTINUE GROWTH
- RENOVATED STUDENT FOCUSED MULTIFAMILY PROPERTIES IN BERKELEY COMMAND IMPRESSIVE RENTAL RATES & BERKELEY HAS EXCELLENT RENT GROWTH FORECASTED
- VALUE-ADD OPPORTUNITY WITH SIGNIFICANT OPERATIONAL & INCOME UPSIDE POTENTIAL WITH AN OPPORTUNITY TO INCREASE THE UNIT COUNT THROUGH DETACHED ADUS
- UC BERKELEY PROVIDED HOUSING OPTIONS ARE LIMITED & OUTDATED, YET AMONG THE MOST EXPENSIVE OPTIONS IN THE MARKET
- SITUATED IN BERKELEY’S COVETED GOURMET GHETTO DISTRICT, ONE OF THE MOST SUPPLY CONSTRAINED STUDENT RENTAL SUBMARKETS IN THE UNITED STATES
Property Facts
| No. Units | 5 | Building Size | 4,382 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1914 |
| Building Class | C | Parking Ratio | 2.51/1,000 SF |
| Lot Size | 0.22 AC |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,382 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1914 |
| Parking Ratio | 2.51/1,000 SF |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Microwave
- Heating
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Garden
- Linen Closet
Site Amenities
- Controlled Access
- Fenced Lot
- Laundry Facilities
- Vintage Building
- Zen Garden
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 650 |
| 5+2 | 1 | - | 1,822 |
Property Taxes
| Parcel Number | 060-2455-043-00 | Improvements Assessment | $1,242,000 |
| Land Assessment | $533,000 | Total Assessment | $1,775,000 |
Property Taxes
Parcel Number
060-2455-043-00
Land Assessment
$533,000
Improvements Assessment
$1,242,000
Total Assessment
$1,775,000
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