1518 Bonita Ave - Apartments FOR SALE


Berkeley, CA 94709- North Berkeley
$2,425,000 USD
415-652-6253
1518 Bonita Ave, Berkeley, CA for Sale
$2,425,000 USD
Apartments - FOR SALE
1/17
null | 5.5% Cap Rate

1518 Bonita Ave
Berkeley, CA 94709
North Berkeley


HIGHLIGHTS

  • Located in Berkeley's Gourmet Ghetto neighborhood
  • Unit 2 was recently remodeled.
  • Well maintained, steady flow of income.

OVERVIEW

An exceptional opportunity to own a well maintained, fully occupied 6-unit property in the highly desirably Gourmet Ghetto of Berkeley. It's located within minutes from UC Berkeley, public transportation, and a variety of shops and restaurants. This property is made up of (1) 4-bedroom/1.5 bath unit, (4) townhouse styled 2-bedroom/1.5-bath units, and (1) 2-bedroom/1-bath unit. Five of the units contain their own enclosed yards, while the 6th has a spacious balcony. There are 6 dedicated parking spaces and a coin operated laundry room onsite. The property produces a strong and steady stream of rental income with an opportunity for future rent adjustments. Please visit our website for additional information and photos. www.1518bonita.com

FOR SALE DETAILS

PRICE

$2,425,000 USD

PRICE/SF

$405 USD /SF

# OF UNITS

6

PRICE/UNIT

$404,167

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-2A

APN/PARCEL ID

059-2268-011-01

ASK ABOUT THIS PROPERTY

Timothy YuenC Yuen Realty & InvestmentsMore Info
415-652-6253

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Timothy YuenC Yuen Realty & InvestmentsMore Info
415-652-6253

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