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968 Addison Street, Berkeley, CA

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DetailMap
968 Addison Street

Berkeley, CA 94710 - Southwest Berkeley MF Submarket


Property Type:Multi-Family Number of Units:18 Status:Existing Year Built:1943
Stories:2 Building Size:11,480 SF Land Area:.46 AC (20,038 SF)
For Sale Price:$4,750,000 Price/Unit:$263,888.89 Cap Rate:3.75 % GRM:-

Parking:2.61 Parking Spaces / 1,000 SF


An 18-unit multi-family building located in a very
pleasant Berkeley neighborhood. The
location offers convenient access to some
of Berkeley’s most traveled streets
including San Pablo and University avenues
as well as various other commercial
sectors. The close proximity to BART,
various AC Transit lines and the 80 Freeway
makes this an ideal location for tenants
commuting throughout the city and the
entire Bay Area.

Sale Notes:
With a market cap rate of nearly 8%, this building provides long term upside for future owner.

NAI Northern California
Grant Chappell
(510) 336-4721

Tim Norkol
(510) 336-4724

  
NAI Northern California
Andrew Eckstein
(510) 606-4128




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