This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1734 Spruce St
Berkeley, CA 94709
Multifamily Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Building Size | 4,400 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1913 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Lot Size | 0.15 AC |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,400 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1913 |
| Parking Ratio | 1.82/1,000 SF |
ABOUT 1734 SPRUCE ST , BERKELEY, CA 94709
1734 Spruce St is a seven unit building in the most desired area of Berkeley. The property is two blocks North of UC Berkeley campus and was built by the dean of the Engineering school. Spruce Street is currently entitled for converting the 1 bedrooms into 2 bedrooms, converting one of the studios into a 1 bedroom, and the basement unit into a 3 bed 1 bath. There is room for more parking than number of units in the rear on a large lot and room in the basement to add laundry for additional income. The seller has spent more than two years completing the entitlement process and will transfer everything to the new buyer. Currently there are FIVE vacant units! Building entitlement work is as follows: Lift/replace foundation, renovate and expand 5 of the 7 units.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 550 |
| 1+1 | 5 | - | 550 - 700 |
PROPERTY TAXES
| Parcel Number | 058-2181-006-00 | Improvements Assessment | $2,387,700 |
| Land Assessment | $742,840 | Total Assessment | $3,130,540 |
PROPERTY TAXES
