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3200-3208 California St 22 Unit Apartment Building $3,400,000 ($154,545/Unit) Berkeley, CA 94703
Investment Highlights
- Located in South Berkeley with access to Ashby BART
- (3) Buildings on 13,500sf corner lot
- (14) 1-Bedroom Units – Rooming house style with shared kitchens/bathrooms
- Fully leased with $30,000+ monthly income
- (2) Fourplexes - (5) 1BR/1BA Units, (2) 2BR/1BA Units and (1) 3BR/1BA Unit
- Near Adeline Street retail corridor, Berkeley Bowl Marketplace, Downtown Berkeley, UC Berkeley, and major East Bay employment centers
Executive Summary
Auction - List price is Opening Bid, final sale subject to sellerconfirmation. Bidding closes July 8th at 11:00 AM. All bidding will take place at www.tranzon.com/TAS2608 . 6% Buyer's Premium charged to high bidder. Buyer pays all closing costs. Property sold "as-is" with no contingencies. A 10% total deposit must be made within 24 hours of the auction closing. The escrow will close within 35 days. The buyer is responsible for title insurance premiums and their own escrow costs. All taxes will be prorated to close of escrow. For complete terms of sale, please refer to the Property Information Package on our website.
Property Facts
| Price | $3,400,000 | Building Class | C |
| Price Per Unit | $154,545 | Lot Size | 0.32 AC |
| Sale Type | Investment | Building Size | 7,554 SF |
| No. Units | 22 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1944 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R2A, Berkeley - Residential Mulitfamily | ||
| Price | $3,400,000 |
| Price Per Unit | $154,545 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 7,554 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1944 |
| Opportunity Zone |
Yes |
| Zoning | R2A, Berkeley - Residential Mulitfamily |
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Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 052-1536-001-01 | Improvements Assessment | $2,420,809 |
| Land Assessment | $1,479,712 | Total Assessment | $3,900,521 |
Property Taxes
Parcel Number
052-1536-001-01
Land Assessment
$1,479,712
Improvements Assessment
$2,420,809
Total Assessment
$3,900,521
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3200-3208 California St