1420 Alcatraz Ave, Berkeley, CA 94702
  • MLS#: 41093906 ( )
  • Street Address: 1420 Alcatraz Ave
  • Viewed: 4
  • Price: $2,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1916
  • Bldg sqft: 0
  • Days On Market: 30
  • Additional Information
  • County: ALAMEDA
  • City: Berkeley
  • Zipcode: 94702
  • Subdivision: South Berkeley
  • Provided by: BHHS Drysdale Properties
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    1420 Alcatraz presents a rare opportunity for an investor to purchase a well maintained 8 unit apartment building located in Berkeley, one of the most dynamic multifamily submarkets in the region. Built in 1916 and 1940, the property comprises two buildings on two separate parcels, with a combined square footage of 4,755 square feet on a 10,454 square foot lot. Diverse Unit Mix: The property offers an attractive unit mix, including (1) 3 bedroom, 1 bath unit; (1) 2 bedroom, 1 bath unit; (1) 2 bedroom, 2 bath unit; and (5) 1 bedroom, 1 bath units, catering to a variety of tenant demographics. Prime Location Within Desirable School District in Southwest Berkeley Neighborhood: Situated on the corner of Alcatraz and Sacramento, the property benefits from long term tenant demand and is located within the Berkeley Public School district; a key decision driver for renters with children. Exceptional Walkability and Bikeability: With a Walk Score of 90 and a Bike Score of 93, tenants enjoy easy access to local shops, restaurants, and entertainment options without the need for a vehicle. Proximity to Public Transit: Just a 10 minute walk to Ashby BART Station and a 10 minute bike ride to the University of California, Berkeley, providing convenient transportation options for residents.
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Features
Association Fee
  1. 0.00
Cooling
  1. None
Days On Market
  1. 20
Heating
  1. Wall Furnace
Laundry Features
  1. Dryer Included
  2. Washer Included
Lot Features
  1. Level with Street
Netoperatingincome
  1. 136762.00
Otherexpense
  1. 1800.00
Parcel Number
  1. 0521439023
Sourcesystemkey
  1. 41093906:BMLS
Subdivision Name Other
  1. SOUTH BERKELEY
Tenant Pays
  1. Gas
Year Built
  1. 1916