2741 Dwight Way | Berkeley, CA 94704
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- LoopNet Team
2741 Dwight Way
Berkeley, CA 94704
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Twelve 2BD/1BA Units Spacious ~750 sq ft layouts across 9,078 total sq ft.
- Updated Systems — Mid-century construction with modern entry security, onsite laundry, and refreshed exterior/interior finishes.
- Natural Turnover — All tenants on leases 2 years or less, allowing near-term rent repositioning.
- Subterranean Garage - Rare garage with 15 spaces with ADU conversion potential.
- Updated Roof — Armstrong brand foam roof installed in 2016.
- Layout Value-Add — Potential to convert 2BDs into 3BDs with openconcept kitchens to significantly boost income.
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 12,996 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Zoning | R-3H - R-3H (Multiple-family Residential Historic District) | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 12,996 SF |
| No. Stories | 4 |
| Year Built | 1964 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R-3H - R-3H (Multiple-family Residential Historic District) |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | 700 |
PROPERTY TAXES
| Parcel Number | 055-1867-005-00 | Improvements Assessment | $595,435 |
| Land Assessment | $200,135 | Total Assessment | $795,570 |
PROPERTY TAXES
Parcel Number
055-1867-005-00
Land Assessment
$200,135
Improvements Assessment
$595,435
Total Assessment
$795,570
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