2401 Piedmont Ave | Berkeley, CA 94704
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- LoopNet Team
2401 Piedmont Ave
Berkeley, CA 94704
Specialty Property For Sale · 19,670 SF
INVESTMENT HIGHLIGHTS
- 41-Room & 88-Bed Student Housing Opportunity on One of Berkeley’s Most Prominent Corners
- 5-Star Berkeley Location Surrounded by Student Housing Organizations & Just 1-Block from UC Berkeley Campus & Memorial Stadium
- Meticulously Well-Maintained Asset in Move-in Ready Condition – Over $1.7M in Completed Upgrades including a New Commercial Kitchen, Seismic Upgrade,
- Potential to be Delivered Vacant Upon Close of Escrow, Providing a Blank Slate and Myriad of Opportunities for Implementing Deep, Value-Add Business P
- Desirable & In-Demand Student Living Improvements: Furnished & Move-In Ready Units, Large Community & Chapter Rooms, Two Renovated Communal Kitchens,
- Landmark Berkeley Acquisition Opportunity with Value-Add Potential in a Supply Constrained Student Housing Market Adjacent to One of the Nation’s Top
PROPERTY FACTS
| Property Type | Specialty | Building Size | 19,670 SF |
| Property Subtype | Sorority/Fraternity House | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 1959/2013 |
| Lot Size | 0.55 AC | Parking Ratio | 0.71/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Sorority/Fraternity House |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 19,670 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1959/2013 |
| Parking Ratio | 0.71/1,000 SF |
PROPERTY TAXES
| Parcel Number | 055-1866-001-03 | Improvements Assessment | $5,975,838 |
| Land Assessment | $1,991,946 | Total Assessment | $8,050,343 |
PROPERTY TAXES
Parcel Number
055-1866-001-03
Land Assessment
$1,991,946
Improvements Assessment
$5,975,838
Total Assessment
$8,050,343
ZONING
| Zoning Code | R-3H |
| R-3H |
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