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1015 University Ave, Berkeley, CA 94710
--
bed
--
bath
· 8708
ft2 lot
$4,500,000
Listing provided courtesy of TIMOTHY WARREN, JOSEPH M. TAPIA, BROKER.
Source CRMLS.
1015-1027 University Avenue is located on the corner of a highly trafficked intersection in Berkeley, CA location, this 15-unit property consists of four ground-floor commercial spaces; one large 4- bedroom, 1-bathroom apartment; one 2-bedroom, 1-bathroom apartment; five 1-bedroom, 1-bathroom apartments; and four studios. The property offers off-street parking, on-site laundry, a fantastic central location, and billboard income. In addition, all commercial tenants are paying for their own utilities. This is a great opportunity to acquire an asset in a highly desirable Northwest Berkeley location with significant rental upside.
HOA
$—/month
On market
2 months
Year built
1925
Property type
Multi-Family
Parking
MLS
40937274
Price / Sq.Ft.
ft2
Status
Active
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Property Details
Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Electric, Wall Furnace
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Features: Corner Lot
•   
Lot Size Acres: 0.2000
•   
Lot Size Area: 8708.0000
•   
Lot Size Units: Square Feet
Building Info
•   
Roof: Shingle
•   
Construction Materials: Stucco
Community Info
•   
Total Units: 15
Listing Details, Costs & Financing Information
Financial Info
•   
Tax Annual Amount: 54810.00
•   
Other Expense: 2750.00
•   
Cap Rate: 6.01
•   
Professional Management Expense: 15822.00
•   
Gross Scheduled Income: 435000.00
Lease Info
•   
Net Operating Income: 273901.00
Listing Info
•   
Status: Active
School Neighborhood & Directions
School Info
•   
Directions: Unversity Cross Street: San Pablo.
Other
Calculation
•   
Dom: 7
•   
Cdom: 7
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 21, 2021 12:50am
Neighborhood snapshot
11
Properties for sale
12
Median days on market
$814.92
Median sold price/sqft
109.70%
Sold/List %
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Property History
02/10/2021
02/10/2021
CRMLS #40937274
active
CRMLS #40937274
$4,500,000
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