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- LoopNet Team
2321-2323 Blake St
Berkeley, CA 94704
Multifamily Property For Sale
·
6 Units

INVESTMENT HIGHLIGHTS
- Location! Location! Location! Conveniently located near Telegraph Ave and UC Berkeley!!
- Additional Rental Income Possible Through Rent Increases, Parking and Laundry Services!
- Six-Units with Unique Layouts and Size! No Two Units are the Same!!
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 3,444 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 1.74/1,000 SF |
| Zoning | R-2A - Restricted Multiple Family Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,444 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.74/1,000 SF |
| Zoning | R-2A - Restricted Multiple Family Residential |
ABOUT 2321-2323 BLAKE ST , BERKELEY, CA 94704
Location! Location! Location! This unique South Campus building is just a short 10-minute walk to UC Berkeley! Increasing housing demands from UC students and faculties make this an excellent investment property. The building is centrally located just one block off the busy Telegraph Avenue with easy access to restaurants, shopping, bookstores, cafes and all the necessities of campus life. The building consists of six units with one unit that is nonconforming. Each unit has a unique layout and size and no two units are the same. Two of the rear units have access to a deck area and rear stairs to the back patio and parking pad. The uncovered parking pad in the rear can accommodate six cars providing additional income. There are also laundry hookups in the storage closet under the building. Adding laundry equipment can further increase income for the savvy investor. All units are separately metered for PG&E and Owner pays trash, water and CAM. Terrific upside due to this building’s irreplaceable location and additional income from parking, laundry and rental increases. Showings are strictly by appointment only. Please do not disturb tenants. Seller has limited disclosure documentation available. Please contact Louis Woo at (415) 335-1588 or email LouisWoo@AndersenJung.com for additional information and to schedule a tour of the building. Seller reserves the right to accept, counter or decline any and all offers.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 1 | - | - |
| 2+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 055-1831-011-00 | Improvements Assessment | $888,445 |
| Land Assessment | $266,384 | Total Assessment | $1,154,829 |
PROPERTY TAXES
Listing ID: 18643377
Date on Market: 2/25/2020
Last Updated:
Address: 2321-2323 Blake St, Berkeley, CA 94704
The South Berkeley Multifamily Property at 2321-2323 Blake St, Berkeley, CA 94704 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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