1325 Sacramento St
Berkeley, CA 94702
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,860 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1947/2018 |
| Parking Ratio | 1.23/1,000 SF |
UNIT AMENITIES
- Heating
- Tile Floors
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Built-In Bookshelves
- Intercom
SITE AMENITIES
- Controlled Access
- Laundry Facilities
ABOUT 1325 SACRAMENTO ST , BERKELEY, CA 94702
UPSIDE, UPSIDE, UPSIDE is the story of this opportunity. Currently at a 4.37% cap moving to an 8.50% cap at market rents. This opportunity is for the investor who wants to own in a great neighborhood and watch their investment grow. Increase your NOI from $96,230 to $187,105. That is a 94% UPSIDE IN RENTS! Great opportunity as an owner occupy or to move a relative into one of the units. LOCATION, LOCATION, LOCATION - This asset is located on the Hopkins street corridor and is walking distance to BART. Turnkey Building with a renovated vacant rent-ready to lease! Seismic Upgrade, Electrical upgrade, new garage doors, full exterior paint and much more over the last few years. Great unit mix with 4 large 2x1 corner units and 2 jr 1 beds. Tons of light.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $2,364 | 800 |
| 1+1 | 1 | $1,601 | 650 |
| Studios | 1 | $772.00 | 550 |
PROPERTY TAXES
| Parcel Number | 060-2434-015-00 | Improvements Assessment | $1,497,135 |
| Land Assessment | $655,452 | Total Assessment | $2,152,587 |
ZONING
| Zoning Code | R2, Berkeley |
