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2435 Jefferson Ave
Berkeley, CA 94703
Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Building Size | 5,344 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Building Class | C | Parking Ratio | 1.87/1,000 SF |
| Lot Size | 0.28 AC |
| 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 |
About 2435 JEFFERSON AVE , BERKELEY, CA 94703
Ten Unit apartment house in great central Berkeley location for sale! First time on the market in over 30 Years. This investment opportunity features ten 1 Bedroom/ 1 Bathroom Units in (2) separate buildings situated on a 12,168 square foot lot. Long term tenants providing for stable income with some remodeled units featuring in unit washer & dryer and dishwasher. Building currently has (1) vacancy which will be delivered to Buyer at close providing for immediate upside. Strong, in place income providing for a current 5.03% CAP. Pro Forma 10.2% CAP/6.81 Market GRM!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 500 |
Property Taxes
| Parcel Number | 055-1910-027-00 | Improvements Assessment | $1,964,592 |
| Land Assessment | $844,287 | Total Assessment | $2,808,879 |
Property Taxes
Parcel Number
055-1910-027-00
Land Assessment
$844,287
Improvements Assessment
$1,964,592
Total Assessment
$2,808,879
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