1311-1313 Curtis St - Apartments FOR SALE


Berkeley, CA 94702- Northwest Berkeley
$1,650,000 USD
510-822-1331
1311-1313 Curtis St, Berkeley, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/28
null | 4.7% Cap Rate

1311-1313 Curtis St
Berkeley, CA 94702
Northwest Berkeley


HIGHLIGHTS

  • North Berkeley Triplex - Close to UC Berkeley Campus - Around the Corner from Multiple Restaurants
  • Ideal Unit Mix - Two 4bd/2bth Units and One 3bd/1.5bth Units
  • Huge Vacant 4bd/2bth Unit - Perfect for Owner-Occupant
  • Separately Metered for Water, Electric, and Gas, Providing Low Annual Operating Expenses
  • High-Demand Rental Location Near Many Restaurants, Coffee Shops, Bars, Shopping,Easy Transportation
  • Fully Remodeled with New Kitchens, Bathrooms, Stainless Steel Appliances, Wood Floors, New Carpet, New Paint, Newer Roof, and Coin-op Laundry

OVERVIEW

North Berkeley triplex with strong current income and excellent upside. The unit mix is ideal and features two two-story 4bd/2bth units and one 3bd/1.5bth unit. One 4bd/2bth unit will be delivered vacant making it an ideal set-up for an owner-occupant. The property was originally built in 1950, offers approximately 2,910 square feet of rental space, and sits on a 7,190 square foot lot with a large backyard, two garages, and ample room for parking. The property is easy to manage and separately metered for water, electric, and gas with tenants paying all garbage expense providing for a low annual operating expense. The units are very large and remodeled with modern kitchens with granite countertops, stainless steel appliances, custom molding, wood floors, new carpet and new paint. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. The property is ideally located near many restaurants, coffee shops, and shopping options and is around the corner from Headlands Brewing Berkeley Bagels, Praaw Thai, Coffee Conscious, and Kiku Sushi. The property is close proximity to UC Berkeley, BART, and other forms of public transportation making this a high-demand location for tenants. ***EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$294 USD /SF

# OF UNITS

3

PRICE/UNIT

$550,000

CAP RATE

4.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Triplex with Vacant 4bd/2bth Townhome Unit

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,192 SF

ZONING

R3, Berkeley

APN/PARCEL ID

060-2391-073-01

ASK ABOUT THIS PROPERTY

David HowarthPinza GroupMore Info
510-822-1331

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David HowarthPinza GroupMore Info
510-822-1331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.