Bldg 1 1444 Walnut St 11 Unit Apartment Building $4,700,000 ($427,273/Unit) 5.01% Cap Rate Berkeley, CA 94709

1444 Walnut St is a rare opportunity for a 11-unit trophy asset building available in Berkeley's esteemed Gourmet Ghetto, conveniently accessible from the original Peet's coffee located at the corner of Walnut and Vine, and only 3 blocks away from the prestigious University of California, Berkeley. This property comprises 9 apartments, 2 commercial spaces, an elevator, and secured parking with 6 spaces and 6 storage units. Unit mix consists of (five) 2 bed 1 bath units, (three) 1 bed 1 bath units, a 2 bed 2 bath 2 level penthouse with fireplace, and two commercial spaces on the ground floor. All the residential units have been updated and offers balconies with Bay Views. The two commercial spaces consist of an corner office space (800 sqft.) and a retail space (450 sqft.) located on the end of the building which has been occupied by the same business for over 24 years. With a Walkscore of 96, the location cannot be beat as you are in the heart of the Gourmet Ghetto offering a plethora of dining/food options, close to Downtown Berkeley BART, public transportation, and shopping. This is a great rar opportunity to acquire a prime asset in an excellent location.