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Listed by Sam Lam • Highland Realty Group Inc.
$2,998,000
Est. payment /mo
5,216 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 5,216 sqft
Price per Sqft $574
MLS Listing ID 41108896
HOA Y/N No
Year Built 1958
Lot Size 5,000 Sqft
Property Sub-Type Apt Complex
Source Bridge AOR
Property Description
1213 San Pablo Avenue presents a prime value-add opportunity in a desirable West Berkeley location, bordering Albany. This 14-unit multifamily property is ideally situated just one block north of Gilman Street in the Gilman District, offering tenants exceptional walkability and connectivity. The property boasts an impressive Walk Score of 93 and a Bike Score of 98, placing residents within easy reach of everyday essentials and popular retail and restaurants. Top-tier amenities like Whole Foods, Philz Coffee, REI, Walgreens, Tokyo Fish Market, Sprouts, Chipotle, are all just a short stroll away. Also nearby is UC Village, Solano Ave, and 4th Street retail. Significant capital improvements have already been completed on more than half of the units, providing a solid foundation for future rental growth and increased value.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl, Carpet
Fireplace No
Appliance Refrigerator
Laundry No Hookups
Building
Lot Description Rectangular Lot
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