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3110 California St 4 Unit Apartment Building Offered at $1,250,000 at a 5.73% Cap Rate Berkeley, CA 94703
Investment Highlights
- Perfect for Owner User
- Common Laundry and Storage
- Individually Metered for Gas, Electric & Water
- Backyard Area
- Additional Square Footage to be Unlocked via Attic connection
Executive Summary
***Open House Tuesday (4/7) from 1PM to 2PM***
***Large One Bedroom Unit becoming vacant - Perfect for Owner User***
3110 California Street, Berkeley, CA, a rare investment opportunity in the heart of South Berkeley.
Built in 1896 and rich with vintage character, this well-maintained four-unit multifamily property blends historic charm with modern-day practicality. The property offers an ideal combination of architectural appeal, income potential, and long-term value.
The unit mix includes three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, perfect for attracting a broad range of tenants. All units have been thoughtfully updated, offering modern interiors that complement the building’s classic charm. The building has also been fully resealed and freshly painted, further enhancing its curb appeal and long-term durability while preserving its timeless aesthetic.
Highlights include separately metered gas, electric, and water, significantly reducing operating costs. The property also features a shared backyard, dedicated storage, and on-site laundry, providing added convenience for tenants and additional income potential for ownership. Unit 3110 has a large attic above the unit which could be easily converted to a loft area further driving income potential and unit size/bedroom count increases.
***Large One Bedroom Unit becoming vacant - Perfect for Owner User***
3110 California Street, Berkeley, CA, a rare investment opportunity in the heart of South Berkeley.
Built in 1896 and rich with vintage character, this well-maintained four-unit multifamily property blends historic charm with modern-day practicality. The property offers an ideal combination of architectural appeal, income potential, and long-term value.
The unit mix includes three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, perfect for attracting a broad range of tenants. All units have been thoughtfully updated, offering modern interiors that complement the building’s classic charm. The building has also been fully resealed and freshly painted, further enhancing its curb appeal and long-term durability while preserving its timeless aesthetic.
Highlights include separately metered gas, electric, and water, significantly reducing operating costs. The property also features a shared backyard, dedicated storage, and on-site laundry, providing added convenience for tenants and additional income potential for ownership. Unit 3110 has a large attic above the unit which could be easily converted to a loft area further driving income potential and unit size/bedroom count increases.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 1 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 052-1542-002-00 | Improvements Assessment | $903,216 |
| Land Assessment | $355,131 | Total Assessment | $1,258,347 |
Property Taxes
Parcel Number
052-1542-002-00
Land Assessment
$355,131
Improvements Assessment
$903,216
Total Assessment
$1,258,347
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3110 California St
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