3200-3208 California St - Apartments FOR SALE


Berkeley, CA 94703- South Berkeley
$6,800,000 USD
949-727-9011
3200-3208 California St, Berkeley, CA for Sale
$6,800,000 USD
Apartments - FOR SALE
1/5
null | 6.8% Cap Rate

3200-3208 California St
Berkeley, CA 94703
South Berkeley


HIGHLIGHTS

  • Offered at $6,800,000 with a 6.8% cap rate
  • Stabilized income-producing investment opportunity
  • Located in Berkeley, CA (East Bay submarket) with strong fundamentals
  • Attractive yield relative to typical Bay Area cap rate environment
  • Potential for long-term appreciation due to supply constraints
  • Multi-tenant configuration supports diversified income stream

OVERVIEW

Suitable for investors seeking steady cash flow in a core locatio.3200–3208 California St is a multi-tenant investment property located in Berkeley, CA, offered at an asking price of $6,800,000 and a reported cap rate of approximately 6.8%. The asset appears to be positioned as a stabilized, income-producing property with in-place cash flow at market-supported returns. The offering presents investors with an opportunity to acquire a Bay Area asset with stable tenancy and potential long-term appreciation upside in a high-demand East Bay location. The pricing reflects a competitive cap rate for the Berkeley submarket, suggesting strong investor interest driven by location fundamentals, tenant demand, and limited supply of comparable product.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$900 USD /SF

# OF UNITS

10

PRICE/UNIT

$680,000

CAP RATE

6.8%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1944

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,750 SF

ZONING

R2A, Berkeley

APN/PARCEL ID

052-1536-001-01

ASK ABOUT THIS PROPERTY

Michael WaltersTranzon Asset StrategiesMore Info
949-727-9011

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Michael WaltersTranzon Asset StrategiesMore Info
949-727-9011

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