$4,750,000 USD
510-368-8347
2741 Dwight Way
Berkeley, CA 94704
South Berkeley
HIGHLIGHTS
- Twelve 2BD/1BA Units Spacious ~750 sq ft layouts across 9,078 total sq ft.
- Subterranean Garage - Rare garage with 15 spaces with ADU conversion potential.
- Updated Systems — Mid-century construction with modern entry security, onsite laundry, and refreshed exterior/interior finishes.
- Updated Roof — Armstrong brand foam roof installed in 2016.
- Natural Turnover — All tenants on leases 2 years or less, allowing near-term rent repositioning.
- Layout Value-Add — Potential to convert 2BDs into 3BDs with openconcept kitchens to significantly boost income.
FOR SALE DETAILS
PRICE
$4,750,000 USD
PRICE/SF
$365 USD /SF
# OF UNITS
12
PRICE/UNIT
$395,833
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1964
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.15 AC
LAND SF
6,534 SF
ZONING
R-3H
APN/PARCEL ID
055-1867-005-00
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510-368-8347
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510-368-8347
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