2330 Blake St | Berkeley, CA 94704
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- LoopNet Team
2330 Blake St
Berkeley, CA 94704
24-UNITS | 5 BLOCKS FROM UC BERKELEY · Multifamily Property For Sale
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24 Units
INVESTMENT HIGHLIGHTS
- 24-UNIT VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY CENTRALLY LOCATED IN SOUTH BERKELEY
- POTENTIAL FOR DUAL OCCUPANCY & RENT BY THE BED OPERATING STRATEGY TO MAXIMIZE POTENTIAL MARKET RENT
- SIX VACANT UNITS - PROVIDES AN OPPORTUNITY TO COMPLETE UNIT UPGRADES AND TAKE ADVANTAGE OF MARKET RENTS UPON THE CLOSE OF ESCROW
- 5 BLOCKS FROM UC BERKELEY CAMPUS, THE # 1 PUBLIC UNIVERSITY IN THE WORLD - 94 WALK SCORE, 96 BIKE SCORE, UNDER 1-MILE TO BART
- CURRENT UNIT LAYOUTS PROVIDE THE POTENTIAL OPPORTUNITY TO ADD BEDROOMS TO THE EXISTING UNITS AND INCREASE POTENTIAL ACHIEVABLE MARKET RENT
- POTENTIAL OPPORTUNITY TO INCREASE UNIT COUNT THROUGH ACCESSORY DWELLING UNIT ADDITIONS AND/OR CONVERSIONS
PROPERTY FACTS
| No. Units | 24 | Building Size | 13,534 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 0.31 AC |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 13,534 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 1958 |
| Parking Ratio | 1.48/1,000 SF |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Gated
- Storage Space
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 450 |
| 1+1 | 16 | - | 525 |
| 2+1 | 6 | - | 700 |
PROPERTY TAXES
| Parcel Number | 055-1832-026-01 | Improvements Assessment | $3,672,000 |
| Land Assessment | $2,448,000 | Total Assessment | $6,157,647 |
PROPERTY TAXES
Parcel Number
055-1832-026-01
Land Assessment
$2,448,000
Improvements Assessment
$3,672,000
Total Assessment
$6,157,647
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