CA > Berkeley
Berkeley, CA 94704,2005 Berkeley WAY
Berkeley, CA 94704,2005 Berkeley WAY
Berkeley, CA 94704,2005 Berkeley WAY
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Joel Martinez

Joel Martinez

+1(831) 230-0059
Listed by Timothy Warren • NAI Northern California
$2,380,000
Est. payment /mo
3,714 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,714 sqft

Price per Sqft $640

MLS Listing ID EB41073440

Year Built 1955

Lot Size 6,120 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location. 2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property's attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.

Location

State CA

County Alameda

Area Other Area

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet - Partial, Hardwood

Laundry Washer

Exterior

Exterior Feature Stucco

Parking Features Spaces per Unit - 1

Garage Spaces 6.0

Roof Type Rolled Composition

Building

Lot Description Regular

Sewer Sewer - Public

Water Public, Heater - Gas

Others

Tax ID 57-2051-27

Special Listing Condition Not Applicable

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agent

Joel Martinez

+1(831) 230-0059

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

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