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1720 Hearst Ave
Berkeley, CA 94703
Multifamily Property For Sale
·
6 Units
Investment Highlights
- First time on the market in over 40-years
- Walkers Dream! 2-blocks to Trader Joes, across from Ohlone Park, 3-blocks to BART, 5-blocks to Berkeley High School and City Hall
- Always easy to rent - current average is $2,289 per month - market rents are around $2,600 per month
- Excellent condition
- Offers reviewed on WEDNESDAY, April 29th at 3pm
- See Proforma for additional info ... 4.7% Cap-Rate at current rents ... 5.7% Cap-Rate at market rents
Property Facts
| No. Units | 6 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,154 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1961/2026 |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| Zoning | R-2A - commercial multifamily | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,154 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2026 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | R-2A - commercial multifamily |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 692 |
Property Taxes
| Parcel Number | 057-2062-026-00 | Improvements Assessment | $339,304 |
| Land Assessment | $169,960 | Total Assessment | $509,264 |
Property Taxes
Parcel Number
057-2062-026-00
Land Assessment
$169,960
Improvements Assessment
$339,304
Total Assessment
$509,264
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