2119 Russell St | Berkeley, CA 94705
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- LoopNet Team
2119 Russell St
Berkeley, CA 94705
**UNDER CONTRACT** · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Fantastic location by Berkeley Bowl Marketplace
- Desirable 2 bedroom / 1 bathroom units
- Eight private garage spaces plus on-site laundry
- Short walk to Ashby BART Station and city bus lines
- Improvements include granite countertops, dual pane windows, and original hardwood floors
- 7.89% MARKET CAP RATE | 9.26 MARKET GRM
PROPERTY FACTS
| No. Units | 8 | Building Size | 6,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.33/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | C-1A, Berkeley | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 6,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | C-1A, Berkeley |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 053-1686-019-00 | Improvements Assessment | $1,869,339 |
| Land Assessment | $805,320 | Total Assessment | $2,674,659 |
PROPERTY TAXES
Parcel Number
053-1686-019-00
Land Assessment
$805,320
Improvements Assessment
$1,869,339
Total Assessment
$2,674,659
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