2180 Ashby Ave - Apartments FOR SALE


Berkeley, CA 94705- South Berkeley
$2,475,000 USD
510-410-7083
2180 Ashby Ave, Berkeley, CA for Sale
$2,475,000 USD
Apartments - FOR SALE
1/23
null | 5.8% Cap Rate

2180 Ashby Ave
Berkeley, CA 94705
South Berkeley


HIGHLIGHTS

  • Desirable 2 BR/2 BA units
  • Most units with updated kitchens and bathrooms
  • Parking for all units
  • Laundry in the building
  • Well maintained and easy to maintain.
  • Close to Whole Foods, Ashby BART, Berkeley Bowl, UC Berkeley

OVERVIEW

Well maintained 1963 building with 8 2BR/2BA units in great location near Whole Foods, Berkeley Bowl, UCB, and Ashby BART. Most units have kitchen and bathroom updating. 4 units have balconies. Parking garage. Low maintenance landscaping. Price just reduced $275,000, now at 10.3 gross rent multiplier and 5.8% cap rate.

FOR SALE DETAILS

PRICE

$2,475,000 USD

PRICE/SF

$358 USD /SF

# OF UNITS

8

PRICE/UNIT

$309,375

CAP RATE

5.8%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R-2A, Berkeley

APN/PARCEL ID

052-1584-006-00

ASK ABOUT THIS PROPERTY

Kim MarienthalColdwell Banker Commercial NRTMore Info
510-410-7083

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Kim MarienthalColdwell Banker Commercial NRTMore Info
510-410-7083

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