1600 63rd St | Berkeley, CA 94703
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- LoopNet Team
1600 63rd St
Berkeley, CA 94703
Price Improvement! · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 6 unit building in a highly desirable South Berkeley location.
- The tenants pay for gas, water and electricity, while the owner pays for garbage.
- Unit mix is (3) 1 bedroom, 1 bathroom units, (1) 2 bedroom, 1 bathroom unit, and (2) 3 bedroom, 1 bathroom units.
- 5.53% cap rate | 11.25 GRM | $332,500 per Unit
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,269 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1930 |
| Building Class | C | Parking Ratio | 1.41/1,000 SF |
| Lot Size | 0.15 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,269 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 1.41/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 1 | - | - |
| 3+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 052-1523-017-00 | Improvements Assessment | $1,193,338 |
| Land Assessment | $624,240 | Total Assessment | $1,817,578 |
PROPERTY TAXES
Parcel Number
052-1523-017-00
Land Assessment
$624,240
Improvements Assessment
$1,193,338
Total Assessment
$1,817,578
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