1674 Euclid Ave
Berkeley, CA 94709
North Berkeley Apartments · Multifamily Property For Sale · 5 Units

Built in 1926, 1674 Euclid Avenue in North Berkeley is a five unit multifamily property comprised of two 1bd/1bth, two 2bd/1bth, and one studio. The 2bd/1bth units are perfect for a simple conversion into 3bd/1bth units which will increase the rental value of the unit. There is off street parking, updated landscaping, and on site laundry. The property has received fresh paint and will be delivered with three of five units vacant, thereby allowing the next landlord to remodel and configure the units to his/her liking and achieve market rents soon after close. This, mixed with the tremendous rental upside of the occupied units, make this a rare and lucrative opportunity for the next investor. 1674 Euclid is mere blocks from local retail stores, eateries, blocks from North Berkeley BART and has direct access to I-80, I-980 and Highway 24. 1674 Euclid allows both local and regional investors the opportunity to acquire an investment in a popular market with strong growth potential of both income stream and investment value. North Berkeley stands as one of the most desirable neighborhoods in East Bay. Million dollar homes cover the hills in styles inspired by early 20th-century architecture. Located along the northern border of the University of California, North Berkeley caters more to residential family life, while more students live on the southside. Despite the thousands of students attending school on a daily basis, North Berkeley remains a quiet neighborhood with a small-town character. This is a tremendous opportunity for a buyer to acquire an attractive investment property in a great location, in a strong rental market with a lack of developable land, good demographics, a diverse economic base, and a strong source of growth in U.C. Berkeley. Opportunities such as this rarely come on the market in Berkeley, and this offers potential investors with significant upside, and the ability to cash flow from the first day of ownership. CONTACT STEVEN PINZA, ESQ FOR A COMPLETE MARKETING PACKAGE