2241 9th St - Apartments FOR SALE


Berkeley, CA 94710- Southwest Berkeley
$1,600,000 USD
415-625-2192
2241 9th St, Berkeley, CA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

2241 9th St
Berkeley, CA 94710
Southwest Berkeley


HIGHLIGHTS

  • 5 Two Bedroom / One Bath Units.
  • Plus 7 Parking Spaces.
  • ONLY $336.84 Per SqFt !!!

OVERVIEW

2241 9th Street offers a great opportunity to own a residential income property in West Berkeley, a highly desirable neighborhood known for strong rental demand and convenient commuter access. The property is just minutes from Interstates 80 and 580, providing easy access to San Francisco, Oakland, and other Bay Area cities. It is also close to shops, restaurants, and local businesses along San Pablo Avenue. The building includes approximately 4,750 square feet of living space on a 6,913 square-foot lot. It features five 2-bedroom, 1-bathroom units, including four two-story units at the rear of the lot and one full-floor unit above the front parking area. Two units are currently vacant, offering immediate rental potential. The property also provides seven on-site parking spaces. It is zoned R-2, and the APN is 56-1975-22. This is a rare opportunity to purchase a well-located, income-producing property in Berkeley with both current income and future upside potential.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$337 USD /SF

# OF UNITS

5

PRICE/UNIT

$320,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,929 SF

ZONING

R-2, Berkeley

APN/PARCEL ID

056-1975-022-00

ASK ABOUT THIS PROPERTY

Ning HoMarcus & MillichapMore Info
415-625-2192

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Ning HoMarcus & MillichapMore Info
415-625-2192

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