2807 Shattuck AVE, Berkeley, CA 94705
2807 Shattuck AVE, Berkeley, CA 94705
2807 Shattuck AVE, Berkeley, CA 94705
2807 Shattuck AVE, Berkeley, CA 94705
2807 Shattuck AVE, Berkeley, CA 94705
2807 Shattuck AVE, Berkeley, CA 94705
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$ 1,995,000
Est. payment | /mo

4 Beds

3.5 Baths

5,000 SqFt

Save
$ 1,995,000
Est. payment | /mo
Save

4 Beds

3.5 Baths

5,000 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $399

Lot Size 5,760 Sqft

MLS Listing ID ML82056468

Style Victorian

Bedrooms 4

Full Baths 3

Half Baths 1

Property Description

Chateau Shattuck is a rare 8-unit apartment community just steps away from UC Berkeley. This Victorian-style building offers a desirable unit mix of (5) studios, (2) 1 Bed 1 Bath, and (1) 3-bed 1 Bath unit. Strong, stable rental income $146,000 gross annual income and $98,000 NOI, reflecting a 4.6% cap rate at the current offering. Individually metered gas and electric by unit, on-site laundry facilities, parking lot in back and upside potential through unit-level renovations, rent optimization and ADU potential. An excellent addition to any multifamily portfolio in one of the East Bay's most enduring rental markets.

Location

State CA

County Alameda

Area Berkeley Map Area 5

Building/Comlex Name Chateau Shattuck

Zoning R3

Interior

Heating Wall Furnace

Cooling Ceiling Fan

1-purchase type For Sale

Exterior

Exterior Feature Back Yard, Drought Tolerant Plants

Garage Common Parking Area

Utilities Available Individual Electric Meters, Individual Gas Meters

View Downtown, Hills

Roof Type Shingle

Building

Foundation Concrete Perimeter, Wood Frame

Sewer Sewer - Public

Water Water Treatment System

Others

Restrictions None

Tax ID 53-1685-24

Security Features Other

Special Sale Not Applicable

Pets Restricted None

MLSListings Inc. (MLSListings)
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Listed by Travis Raciti of Luxmore Real Estate
Bought with Travis Raciti of Luxmore Real Estate

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Robert Lucido
Robert Lucido

Advisor yjnn4444789

+1(347) 903-3025

www.baidu.com

West, Huai'an, CA 90013, USA

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2807 Shattuck AVE