1728 7th St | Berkeley, CA 94710
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- LoopNet Team
1728 7th St
Berkeley, CA 94710
Prime Location 2-Blocks From 4th St. Retail · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Desirable, central location, with easy access to nearby employment via BART, Bus, and Hwy 80.
- 5.65% starting CAP Rate with below market rents, and 33% rental upside achievable upon tenant turnover.
- Located two-blocks east of Fourth Street Retail.
- Easy access via. walk, bike, or public transport to UC Berkeley, entertainment, and shopping.
- Incredible location, with 94 walk-score (www.walkscore.com) “a walkers paradise”. Property is an easy walk to numerous café’s, restaurants, & shops.
- Located five-blocks south of Gilman Street retail corridor.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Tub/Shower
- Double Pane Windows
- Skylights
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,850 | 570 |
| 2+1 | 5 | $2,188 | 675 |
PROPERTY TAXES
| Parcel Number | 058-2119-013-00 | Improvements Assessment | $1,086,500 |
| Land Assessment | $700,000 | Total Assessment | $1,786,500 |
PROPERTY TAXES
Parcel Number
058-2119-013-00
Land Assessment
$700,000
Improvements Assessment
$1,086,500
Total Assessment
$1,786,500
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