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1700 Le Roy Ave
Berkeley, CA 94709
100% Vacant by Jun 2025, 3 Blocks from Cal · Multifamily Property For Sale · 15 Units

INVESTMENT HIGHLIGHTS

  • RARE CHANCE TO ACQUIRE A MULTIFAMILY INVESMENT PROPERTY IN BERKELEY’S NORTHSIDE NEIGHBORHOOD THREE BLOCKS FROM UC BERKELEY
  • LARGE UNITS & CONDUCIVE UNIT LAYOUTS PROVIDE THE POTENTIAL OPPORTUNITY TO ADD BEDROOMS
  • RENOVATED STUDENT FOCUSED MULTIFAMILY PROPERTIES IN BERKELEY COMMAND IMPRESSIVE RENTAL RATE
  • TRUE VALUE-ADD OPPORTUNITY DELIVERED MOSTLY VACANT WITH REMAINING UNITS TO BE VACATED BY JUNE 2025
  • STEPS FROM THE #1 PUBLIC UNIVERSITY IN THE WORLD
  • EXCELLENT HISTORICAL & FORECASTED RENT GROWTH

PROPERTY FACTS

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 16,950 SF
No. Stories 3
Year Built 1930
Parking Ratio 0.94/1,000 SF

AMENITIES

UNIT AMENITIES

  • Balcony
  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • Smoke Free

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $2,400 595
1+1 9 $2,950 393 - 835
1+2 1 $3,250 925
2+1 1 $4,050 995
2+2 2 $4,500 1,010 - 1,135
4+2 1 $8,000 1,450

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
058-2198-002-00
Land Assessment
$214,531
Improvements Assessment
$260,625
Total Assessment
$475,156
  • Listing ID: 33453463

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 1700 Le Roy Ave, Berkeley, CA 94709

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