2127-2143 Dwight Way - Apartments FOR SALE
Berkeley, CA 94704 |
2127-2143 Dwight Way
Berkeley, CA 94704
HIGHLIGHTS
- IDEALLY & CENTRALLY LOCATED IN SOUTH BERKELEY JUST 4 BLOCKS FROM THE UC BERKELEY CAMPUS, THE # 1 UNIVERSITY IN AMERICA PER FORBES
- 8 UNITS SPREAD ACROSS TWO FOURPLEXES ON THEIR OWN SEPARATE & LARGE PARCELS
- COVERED LAND PLAY DEVELOPMENT OPPORTUNITY LOCATED IN A DESIGNATED OPPORTUNITY ZONE
- CURRENT ZONING MAY ALLOW FOR THE ADDITION OF UP TO A ±16,870+ SQ. FT. RESIDENTIAL BUILDING AND THE RETENTION OF THE EXISTING 8 UNITS
- POTENTIAL VALUE-ADD CONCEPT TO ADD BEDROOMS TO EXISTING UNITS, INCREASE OCCUPANCY AND INCREASE RENTS BY APPROXIMATELY 57% AND THE NET OPERATING INCOME
- WALKER’S PARADISE (96 WALK SCORE), BIKER’S PARADISE (99 BIKE SCORE), 1/2-MILE TO DOWNTOWN BERKELEY BART
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
STATUS
Demolished
BUILDING DETAILS
PROPERTY NAME
8 Units W/ Potential to Build 28+ Units
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
5172
STORIES
2
YEAR BUILT
1944
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
055-1890-009-00,055-1890-010-00
