1360 Berkeley Way | Berkeley, CA 94702
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- LoopNet Team
1360 Berkeley Way
Berkeley, CA 94702
$505,000 Price Reduction | $262K Per Unit · Multifamily Property For Sale
·
19 Units
INVESTMENT HIGHLIGHTS
- Consists of eight (8) Studios and eleven (11) 1-bedroom 1-bathroom apartments
- Excellent Northwest Berkeley location just one block from highly trafficked University Avenue
- The property boasts a 94 Walk Score & 100 Bike Score rated by walkscore.com
- Fully occupied with up-to-date rent collections
- Three blocks from the North Berkeley BART offering complete Bay Area access
- Significant rental upside allowing a new owner to maximize their return over time
PROPERTY FACTS
| No. Units | 19 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 11,011 SF |
| Property Subtype | Average Occupancy | 15% | |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1929 |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 11,011 SF |
| Average Occupancy | 15% |
| No. Stories | 3 |
| Year Built | 1929 |
AMENITIES
SITE AMENITIES
- Vintage Building
- Walking/Biking Trails
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | $1,825 | 550 - 650 |
| Studios | 8 | $1,475 | 500 |
PROPERTY TAXES
| Parcel Number | 057-2073-017-00 | Improvements Assessment | $561,863 |
| Land Assessment | $263,831 | Total Assessment | $834,548 |
PROPERTY TAXES
Parcel Number
057-2073-017-00
Land Assessment
$263,831
Improvements Assessment
$561,863
Total Assessment
$834,548
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