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2330 Blake St
Berkeley, CA 94704

24-UNITS | 5 BLOCKS FROM UC BERKELEY · Multifamily Property For Sale · 24 Units

Investment Highlights

  • 24-UNIT VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY CENTRALLY LOCATED IN SOUTH BERKELEY
  • POTENTIAL FOR DUAL OCCUPANCY & RENT BY THE BED OPERATING STRATEGY TO MAXIMIZE POTENTIAL MARKET RENT
  • SIX VACANT UNITS - PROVIDES AN OPPORTUNITY TO COMPLETE UNIT UPGRADES AND TAKE ADVANTAGE OF MARKET RENTS UPON THE CLOSE OF ESCROW
  • 5 BLOCKS FROM UC BERKELEY CAMPUS, THE # 1 PUBLIC UNIVERSITY IN THE WORLD - 94 WALK SCORE, 96 BIKE SCORE, UNDER 1-MILE TO BART
  • CURRENT UNIT LAYOUTS PROVIDE THE POTENTIAL OPPORTUNITY TO ADD BEDROOMS TO THE EXISTING UNITS AND INCREASE POTENTIAL ACHIEVABLE MARKET RENT
  • POTENTIAL OPPORTUNITY TO INCREASE UNIT COUNT THROUGH ACCESSORY DWELLING UNIT ADDITIONS AND/OR CONVERSIONS

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.31 AC
Building Size 13,534 SF
Average Occupancy 75%
No. Stories 3
Year Built 1958
Parking Ratio 1.48/1,000 SF

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Gated
  • Storage Space
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 450
1+1 16 - 525
2+1 6 - 700

PROPERTY TAXES

  • Listing ID: 29210060

  • Date on Market: 8/7/2023

  • Last Updated:

  • Address: 2330 Blake St, Berkeley, CA 94704