1682 Oxford St
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1682 Oxford St
4 Unit Apartment Building Offered at $1,650,000 at a 3.78% Cap Rate in Berkeley, CA 94709
Executive Summary
Team Chappell is pleased to present 1682 Oxford Street. This 2,396 SF, 4-unit property, constructed in 1940, presents an attractive prospect for multifamily/low-rise/garden investors. Zoned R-3, this property offers versatile development potential, making it a sought-after asset in the thriving Berkeley area. This property promises both immediate income and long-term upside potential, making it an enticing prospect for astute investors.
Located in the coveted Northside Neighborhood, 1682 Oxford St offers prime access to the UC Berkeley campus just a 9-minute, 0.3 mile walk to the engineering departments. Steps from the first and original Peets Coffee along with other Gourmet Ghetto establishments like Gregoire and Chez Panisse, tenants also have the option to enjoy Downtown Berkeley's dining, shopping and entertainment. The property’s close proximity to public transportation, especially Downtown Berkeley BART, and major thoroughfares allows for bike/car/walk optionality. With a strong demand for multifamily as well as large single-family residences in this sought-after locale, the property presents a safe and steady opportunity to Bay Area and student housing investors.
Located in the coveted Northside Neighborhood, 1682 Oxford St offers prime access to the UC Berkeley campus just a 9-minute, 0.3 mile walk to the engineering departments. Steps from the first and original Peets Coffee along with other Gourmet Ghetto establishments like Gregoire and Chez Panisse, tenants also have the option to enjoy Downtown Berkeley's dining, shopping and entertainment. The property’s close proximity to public transportation, especially Downtown Berkeley BART, and major thoroughfares allows for bike/car/walk optionality. With a strong demand for multifamily as well as large single-family residences in this sought-after locale, the property presents a safe and steady opportunity to Bay Area and student housing investors.
Property Facts
| Price | $1,650,000 | Property Type | Multifamily |
| Price Per Unit | $412,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 3.78% | Building Size | 2,396 SF |
| Gross Rent Multiplier | 15.71 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1940 |
| Price | $1,650,000 |
| Price Per Unit | $412,500 |
| Sale Type | Investment |
| Cap Rate | 3.78% |
| Gross Rent Multiplier | 15.71 |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,396 SF |
| No. Stories | 2 |
| Year Built | 1940 |
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Walk Score ®
Walker's Paradise (96)
Bike Score ®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 058-2179-012-00 | Improvements Assessment | $1,288,402 |
| Land Assessment | $552,172 | Total Assessment | $1,840,574 |
PROPERTY TAXES
Parcel Number
058-2179-012-00
Land Assessment
$552,172
Improvements Assessment
$1,288,402
Total Assessment
$1,840,574
zoning
| Zoning Code | R (Quadruplex Residential) |
| R (Quadruplex Residential) |
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Grant Chappell -
NAI Northern California
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