2607 Ellsworth St | Berkeley, CA 94704
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- LoopNet Team
2607 Ellsworth St
Berkeley, CA 94704
Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- Student housing asset on southside of campus, highly demanded by undergrads
- New electrical service
- Desirable student housing location: steps off of historic Telegraph Avenue and 0.7 miles from campus
- High cash flows and strong tenant profile
- Potential to increase rents 70K/year by converting nine units to 3- bedrooms
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 11,150 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Zoning | RM2 - multi family | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 11,150 SF |
| No. Stories | 5 |
| Year Built | 1965 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RM2 - multi family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Fireplace
- Washer/Dryer
- Deck
- Skylights
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 12 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,476,159 | |
| Land Assessment | $1,716,943 | Total Assessment | $5,193,102 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,716,943
Improvements Assessment
$3,476,159
Total Assessment
$5,193,102
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