3411 Adeline St | Berkeley, CA 94703
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- LoopNet Team
3411 Adeline St
Berkeley, CA 94703
Qualified Opportunity Zone & 5.91% Cap Rate · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Six Gorgeous Light Filled Units Comprised of Two Newly Built 3bd/2bth ADU's, One Large 3bd/2bth, One 4bd/3bth, and Two 4bd/4bth Units
- 100% Occupied by Stable & Paying Tenant Base at Market Rate with RUBS In Place
- Located in Opportunity Zone Offering Major Tax Benefits!
- All Units Fully Remodeled with Modern Finishes
- Electric Remote Controlled Security Gate, Cameras, and Security System
- Rare Opportunity to Own a Cash Flowing Asset with No Capital Improvements Required
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 6,317 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C | ||
| Zoning | C-SA | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 6,317 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Zoning | C-SA |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Stainless Steel Appliances
- Instant Hot Water
- Island Kitchen
- Loft Layout
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 3 | - | - |
| 4+3 | 1 | - | - |
| 4+4 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 052-1434-003-00 | Improvements Assessment | $1,458,907 |
| Land Assessment | $529,862 | Total Assessment | $1,988,769 |
PROPERTY TAXES
Parcel Number
052-1434-003-00
Land Assessment
$529,862
Improvements Assessment
$1,458,907
Total Assessment
$1,988,769
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