2118 California St - Apartments FOR SALE


Berkeley, CA 94703- Downtown Berkeley
$2,100,000 USD
510-486-1495
2118 California St, Berkeley, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/30
null | 5% Cap Rate

2118 California St
Berkeley, CA 94703
Downtown Berkeley


OVERVIEW

Great investment property with a walk score of 90. Located in a prime Central Berkeley neighborhood, it offers convenient access to UC Berkeley, local parks, shops, restaurants, and major commuter routes. Just 0.5 miles from North Berkeley BART and 0.7 miles from Downtown Berkeley BART. The property consists of two separate buildings with a total of five units. The front building includes a 3-bedroom, 1-bath unit with a fully remodeled kitchen on the ground floor, along with two 1-bedroom, 1-bath units on the upper level. The rear building features a 2-bedroom, 1-bath unit on the ground floor and a vacant 2-bedroom, 1-bath unit on the top floor. Strong rental income and an unbeatable location close to UC Berkeley and downtown make this a compelling investment opportunity. DO NOT disturb tenants. Reports from 2024 available. Email or text agents with questions, all inquiries will be responded to within 48 hours. 2118B is vacant and available for showings. This is the upstairs unit located in the rear building. Broker tour and open house times are to be determined, with potential opportunities to view the additional units during those events. Otherwise, access to the other units will be granted upon an accepted offer.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$464 USD /SF

# OF UNITS

5

PRICE/UNIT

$420,000

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,244 SF

ZONING

-

APN/PARCEL ID

056-2002-011-00

ASK ABOUT THIS PROPERTY

Haili LiangColdwell Banker Commercial NRTMore Info
510-486-1495

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Haili LiangColdwell Banker Commercial NRTMore Info
510-486-1495

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