3205 California St | Berkeley, CA 94703
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- LoopNet Team
3205 California St
Berkeley, CA 94703
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- 5.4% cap rate on current rents
- Low-maintenance property
- Four of six units renovated
- Strong cash flow day one
- 7% cap rate on market rents
- Substantial rental upside
PROPERTY FACTS
| No. Units | 6 | Building Size | 3,645 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1947 |
| Building Class | C | Parking Ratio | 1.54/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | 2-RA - Restricted Multiple-Family Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,645 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1947 |
| Parking Ratio | 1.54/1,000 SF |
| Zoning | 2-RA - Restricted Multiple-Family Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 052-1535-019-00 | Improvements Assessment | $1,240,453 |
| Land Assessment | $531,468 | Total Assessment | $1,771,921 |
PROPERTY TAXES
Parcel Number
052-1535-019-00
Land Assessment
$531,468
Improvements Assessment
$1,240,453
Total Assessment
$1,771,921
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