Prime Location | Just blocks from the North Berkeley BART station, offering strong walkability, direct transit access, and close proximity to UC Berkeley, restaurants, parks, and cultural attractions.
Attractive Unit Mix | 19 total units consisting of 11 one-bedroom units, 7 studios, and 1 two-bedroom penthouse, appealing to a diverse and stable tenant base.
Strong In-Place Income | Currently generating approximately $45,000 per month in rental income with consistent occupancy and future upside potential.
Recent Capital Improvements | Major upgrades include a new roof, electrical system improvements, renovated interiors, new boiler and water heater, dual-pane windows, and fresh exterior paint.
Quiet Residential Setting | Located on a low-traffic residential street with convenient access to Berkeley’s main retail corridors, open spaces, and transit options.
Value-Add Potential | Opportunity to increase rents through strategic interior updates and operational efficiencies.
High-Demand Rental Submarket | Positioned in a strong Berkeley rental corridor with limited supply, low vacancy, and sustained tenant demand.
Turnkey Investment | Well-maintained, stabilized asset offering dependable income with additional upside in a premier East Bay location.