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1709 Shattuck Ave
Berkeley, CA 94709
University Park Apartments · Multifamily Property For Sale
·
97 Units
Investment Highlights
- Rare chance to acquire a 97-unit value-add apartment building in North Berkeley
- True value-add opportunity with several strategies to increase income potential
- Steps from the #1 public university in the world
- Nearly $2.1 million spent on recent capital improvements
- Current vacancy and ideal unit layouts provide an opportunity to add bedrooms
- UC Berkeley has the 2nd largest population & the lowest percentage of beds per student of any UC Campus
Property Facts
| No. Units | 97 | Lot Size | 0.93 AC |
| Property Type | Multifamily | Building Size | 62,339 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1965/2009 |
| Building Class | C | Parking Ratio | 1.56/1,000 SF |
| Zoning | R-4 | ||
| No. Units | 97 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 62,339 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1965/2009 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | R-4 |
Amenities
- Smoke Detector
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- Granite Countertops
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Freezer
- Linen Closet
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Pool
- Property Manager on Site
- Furnished Units Available
- Laundry Service
- Package Service
- Recycling
- Elevator
- Sundeck
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | $2,750 | 450 |
| 1+1 | 48 | $3,850 | 650 |
| 2+1 | 19 | $4,400 | 650 - 850 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $26,575,209 | |
| Land Assessment | $10,608,211 | Total Assessment | $37,221,827 |
Property Taxes
Parcel Numbers
Land Assessment
$10,608,211
Improvements Assessment
$26,575,209
Total Assessment
$37,221,827
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