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1951 Chestnut Street - TOUR 8/21 - 36 UNITS NEAR N BERKELEY BART, Berkeley, CA

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1951 Chestnut Street - TOUR 8/21 - 36 UNITS NEAR N BERKELEY BART

Berkeley, CA 94702 - Northwest Berkeley MF Submarket

Property Type:Multi-Family Number of Units:36 Status:Existing Year Built:1927
Stories:4 Building Size:17,555 SF Land Area:.17 AC (7,405 SF)
For Sale Price:$10,000,000 Price/Unit:$277,777.78 Cap Rate:4.18 % GRM:14.78

Parking:.74 Parking Spaces / 1,000 SF

Sale Notes:
Northwest Berkeley is home of the North Berkeley BART station, The 4th Street Commercial Corridor, the San Pablo Commercial Corridor, the University Avenue Commercial Corridor, the Gilman Street Commercial Corridor and the Berkeley Amtrak Train Station. The property’s central location in the Northwest Berkeley neighborhood has earned the asset a 90 Walk Score and a 99 Bike Score and the property has been designated as both a Walker’s and Biker’s Paradise by The Building provides easy access to an eclectic mix of fine dining, shopping and entertainments options as well as multiple modes of public transportation options. The North Berkeley BART Station is a 9-minute walk from the property and there are multiple AC Transit Bus Stops just steps away from the asset on University Avenue. The AC Transit Bus system provides UC Berkeley Students rides free of charge making the commute to the CAL campus a breeze. In Addition, the property provides easy access to Highway 123 and Interstate 80 & 580.

Zachary Greenwood
(510) 874-1918

Eleana Hsu
(510) 874-1914

Keith Manson
(510) 874-1919

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