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1420 Alcatraz Ave
Berkeley, CA 94702
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 4,755 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1916 |
| Building Class | B | Parking Ratio | 0.42/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | R-2A - Restricted Multiple-Family Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.24 AC |
| Building Size | 4,755 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1916 |
| Parking Ratio | 0.42/1,000 SF |
| Zoning | R-2A - Restricted Multiple-Family Residential |
AMENITIES
UNIT AMENITIES
- Storage Space
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Laundry Facilities
- Tenant Controlled HVAC
- Gated
- Walk-Up
ABOUT 1420 ALCATRAZ AVE , BERKELEY, CA 94702
1420 Alcatraz is situated on the border of Berkeley and Oakland in a desirable Southwest Berkeley location. The property consists of 2 buildings on 2 lots in which the front lot is in Berkeley and the back lot is in Oakland. The Berkeley building consists of a large 3 bedrooms 1 bath unit that feels like a private home and an additional 4 units, while the Oakland building has 3 units in the back with one of them being quite large as well. For the convenience of the residence there is also an on-site laundry room and a few parking spaces. This is a great opportunity for any investor looking to enjoy significant cash-flow from day one while having the ability to grow with over 20% in rental upside. Showings by apt only
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 478 - 560 |
| 2+1 | 1 | - | 574 |
| 3+1 | 1 | - | 1,149 |
| 2+2 | 1 | - | 769 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,444,922 | |
| Land Assessment | $692,748 | Total Assessment | $2,137,670 |
PROPERTY TAXES
