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1538 63rd St
Berkeley, CA 94703
1538 63rd St · Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 5,177 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1897/2016 |
| Building Class | B | Parking Ratio | 0.77/1,000 SF |
| Zoning | R2-A | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 5,177 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1897/2016 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | R2-A |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
SITE AMENITIES
- Laundry Facilities
ABOUT 1538 63RD ST , BERKELEY, CA 94703
Motivated Seller with Reduced Pricing at a Starting CAP over 5%. A Must See Turn Key Asset. Single lot with Duplex + Triplex. Excellent unit mix with bright, spacious units. Very little Management will be required going forward. Virtually new Duplex construction with upgrades from the foundation to the roof. Four of Five units have been extensively renovated. Upgrades include instant hot water heaters, dishwashers in the renovated kitchens, new bathrooms and in-unit washer and dryer installed. New electrical, plumbing and high-end finishes were incorporated in the interiors and exterior renovations include new roofs, windows, siding, paint, hardscape and landscape. Great long term investment, well below replacement cost, with 4 of 5 units close to market rate rents in desirable Berkeley neighborhood. Property is located half a mile from Ashby BART for very easy transportation. Tours scheduled - showing 8/28 and 8/29 from 12-1pm. Please call agent at 415.430.1031 or email ryan.denman@ngkf.com for details.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $653.00 | - |
| 2+1 | 2 | $2,503 | - |
| 3+2 | 1 | $3,070 | - |
| 5+2 | 1 | $3,070 | - |
PROPERTY TAXES
| Parcel Number | 052-1437-001-00 | Improvements Assessment | $610,193 |
| Land Assessment | $270,407 | Total Assessment | $880,600 |
PROPERTY TAXES
