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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
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

PROPERTY TAXES

Parcel Number
055-1831-011-00
Land Assessment
$266,384
Improvements Assessment
$888,445
Total Assessment
$1,154,829
  • Listing ID: 18643377

  • Date on Market: 2/25/2020

  • Last Updated:

  • Address: 2321-2323 Blake St, Berkeley, CA 94704

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