$1,790,000
$1,800,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
5,998 Sqft Lot
SOLD DATE : 10/14/2024
Key Details
Sold Price $1,790,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41073463
Sold Date 10/14/24
HOA Y/N No
Year Built 1963
Annual Tax Amount $21,708
Lot Size 5,998 Sqft
Property Description
This impeccably maintained, well-located seven-unit apartment offering at 1728 7th Street, Berkeley, CA benefits from a superb location offering easy access to UC Berkeley, nearby employment centers, and some of the trendiest neighborhood hotspots of Berkeley and the East Bay. The complex has been held by the same ownership for over 26 years and the building benefits from both interior and exterior upgrades that offer a turn-key investment in an irreplaceable location for the new owner. The property boasts a Walkscore of 94, “A Walker’s Paradise” and has a history of near 100% occupancy due to the allure it offers tenants of nearby employment, nearby education, and nearby entertainment. Constructed circa 1963 of wood frame with stucco siding, on a concrete slab foundation, the low maintenance building sits on a large 6,000 square foot lot (per public records). The property has well laid out and spacious floorplans with two, one-bedroom/one-bath and five, two-bedroom/one-bath apartments. Tenants enjoy an on-site laundry room, and all units are separately metered for gas and electricity. The owner recently upgraded the electrical breaker panels, and high-end interior renovations were completed on units B and C as permitted upon tenant turnover. Unit D minor recent remodel.
Location
State CA
County Alameda
Interior
Heating Natural Gas, Wall Furnace
Cooling See Remarks
Fireplace No
Appliance Gas Water Heater
Exterior
Total Parking Spaces 5
Others
Tax ID 58211913
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24251 Town Center Dr Suite 201, Valencia, California, 91355, United States