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2435 Jefferson Ave
Berkeley, CA 94703
Multifamily Property For Sale · 10 Units

INVESTMENT HIGHLIGHTS

  • 8.91% CASH-ON-CASH ON CURRENT INCOME AND EXPENSES
  • SIGNIFICANT RENTAL UPSIDE - OVER 35%
  • ATTRACTIVE SINGLE-STORY COTTAGE-TYPE UNITS WITH POTENTIAL FOR PRIVATE YARDS
  • RECENT INTERIOR RENOVATIONS TOTAL $60,000
  • Over $40,000 was invested in the recent major renovation of Unit B, which included new kitchen cabinets, stainless steel appliances, W/D, and bathroom
  • CLOSE PROXIMITY TO ALTA BATES SUMMIT MEDICAL CENTER AND UC BERKELEY

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 5,344 SF
Average Occupancy 100%
No. Stories 1
Year Built 1927
Parking Ratio 1.87/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 10 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
055-1910-027-00
Land Assessment
$844,287
Improvements Assessment
$1,964,592
Total Assessment
$2,808,879
  • Listing ID: 20240295

  • Date on Market: 7/10/2020

  • Last Updated:

  • Address: 2435 Jefferson Ave, Berkeley, CA 94703

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