2537 Ellsworth St | Berkeley, CA 94704
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- LoopNet Team
2537 Ellsworth St
Berkeley, CA 94704
Multifamily Property For Sale
·
9 Units
Investment Highlights
- Over $825,000+ in Permitted Renovations in 2024
- Common Areas & Railings Fully Updated, New Windows Throughout, New Sewer Lateral Line & Fire Suppression System
- 5.69% Current Cap Rate with Upside to 6.86% Cap Rate
- Seven (7) Fully Renovated Interiors; New Roof, New Main Electrical Upgrade, New Front Entry, TimberTech Siding & New Exterior Paint
- Five (5) Blocks from UC Berkeley
- 11.26 Current GRM
Property Facts
| No. Units | 9 | Building Size | 8,244 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | Multifamily Residential - Multifamily Residential | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 8,244 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | Multifamily Residential - Multifamily Residential |
Amenities
Unit Amenities
- Microwave
- Kitchen
- Granite Countertops
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Double Pane Windows
- Handrails
Site Amenities
- Gated
- Smoke Free
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 7 | $4,975 | - |
| 3+1.5 | 2 | $3,154 | - |
Property Taxes
| Parcel Number | 055-1832-017-00 | Improvements Assessment | $1,318,666 |
| Land Assessment | $1,123,632 | Total Assessment | $2,442,298 |
Property Taxes
Parcel Number
055-1832-017-00
Land Assessment
$1,123,632
Improvements Assessment
$1,318,666
Total Assessment
$2,442,298
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