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906 Channing Way
Berkeley, CA 94710
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 3,464 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | R-1A | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,464 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R-1A |
AMENITIES
UNIT AMENITIES
- Washer/Dryer Hookup
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
- Patio
ABOUT 906 CHANNING WAY , BERKELEY, CA 94710
In one of Berkeley’s up and coming neighborhoods sits a pristine multifamily property that’s been professionally managed and maintained for years—906 Channing Way. With four, two-bedroom units that feature their own parking spaces and in-unit laundry hookups, future owners will find themselves with apartments that are always in demand. On-property amenities aside, the property is positioned near a number of essentials that Berkeley renters love, including Berkeley Bowl, two BART stations, the San Pablo and University Avenue commercial corridors, and the Berkeley Marina. One of the four units will be delivered vacant at close and the remaining three units are NOT subject to rent control due to existing Section 8 and Shelter Plus leases, thus allowing owners strong and predictable cash flow and the ability to increase future rents to near-market rent levels.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $2,439 | 786 - 798 |
PROPERTY TAXES
| Parcel Number | 056-1939-002-00 | Improvements Assessment | $1,213,929 |
| Land Assessment | $656,178 | Total Assessment | $1,863,107 |
PROPERTY TAXES
