2915 Wheeler St | Berkeley, CA 94705
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- LoopNet Team
2915 Wheeler St
Berkeley, CA 94705
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Seven Units in (2) Separate Buildings on One 6,300 SF Lot!
- Property Benefits from over $200,000 in Recent Improvements Including an Electrical Upgrade, New Exterior Painting, and New Double Pane Windows
- Significant Investment Upside with 9.43% Market CAP Rate and 8.01 Market GRM!
- Current 4.38% CAP/Market 9.43% CAP!
- Recently Rehabbed Two Bedroom & One Bedroom Unit with Strong In Place Rent
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,679 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1935/2021 |
| Zoning | R-2 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,679 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1935/2021 |
| Zoning | R-2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | - | - |
| 2+1 | 1 | - | - |
| 1+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 052-1582-023-00 | Improvements Assessment | $1,259,113 |
| Land Assessment | $594,272 | Total Assessment | $1,853,385 |
PROPERTY TAXES
Parcel Number
052-1582-023-00
Land Assessment
$594,272
Improvements Assessment
$1,259,113
Total Assessment
$1,853,385
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