2427 Hilgard Ave - Apartments FOR SALE


Berkeley, CA 94709- North Berkeley
$6,800,000 USD
510-336-4721
2427 Hilgard Ave, Berkeley, CA for Sale
$6,800,000 USD
Apartments - FOR SALE
1/21
null | 4.21% Cap Rate

2427 Hilgard Ave
Berkeley, CA 94709
North Berkeley


OVERVIEW

Constructed in 1929, 2427 Hilgard Avenue consists of four 2-bedroom 1-bathrrom, three 1-bedroom, 1-bathroom units and six studio units. The property sports a new concrete off-street parking lot and significant foundation fortifications. Meticulously maintained with sensible upgrades, 2427 Hilgard Avenue retains much of its original Roaring Twenties character such as original crown molding, light fixtures, wooden handrails, and door handles. 2427 Hilgard Avenue is located on the north side of Hilgard Avenue between Scenic and Euclid Avenues in Berkeley. Situated a mere four blocks North of the UC-Berkeley campus and within walking distance to the Downtown Berkeley BART Station, this property appeals to students and commuters alike. The property's appealing location will continue to demand premium renters and maintain a very low vacancy rate.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$668 USD /SF

# OF UNITS

15

PRICE/UNIT

$453,333

CAP RATE

4.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,251 SF

ZONING

R3H, Berkeley

APN/PARCEL ID

058-2195-010-00

ASK ABOUT THIS PROPERTY

Grant ChappellNAI GlobalMore Info
510-336-4721

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Grant ChappellNAI GlobalMore Info
510-336-4721

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