Property Description

Pleased to present 2005 Berkeley Way, a 5-unit multifamily property located in a prime Berkeley location. The property consists of (1) 2 bedroom/2 bathroom cottage, (3) 2 bedroom/1 bathroom units, (1) 1 bedroom/1 bathroom unit, and 5 gated off-street parking spots. Improvements include unit renovations, upgraded electrical, and a new security gate The property is individually metered for WATER, gas, and electricity keeping expenses low. Being just steps away from the UC Berkeley campus, this property has steady turnover allowing for consistent rent growth. This is an extremely rare opportunity to acquire a great asset in a prized Berkeley location. 2005 Berkeley Way is ideally located for tenants commuting to all points of the Bay Area. Commuters utilizing public transportation will benefit from living one block from city bus lines and 0.3 miles from the Downtown Berkeley BART station. The property is two blocks from the UC Berkeley Campus providing a long-term stable tenant base and steps away from Shattuck and University Avenues allowing endless shopping and restaurant choices. Because of this property’s attractive location, it will continue to demand premium tenants and maintain a very low vacancy rate.

Features
: Wall Furnace
: Gas Water Heater, Washer
: Hardwood, Partial Carpeting
: Regular
: Uncovered Park Spaces 2+, Space Per Unit - 1
: Rolled/hot Mop
Address Map
CA
Alameda
Berkeley
94704
2005 Berkeley Way
0
W123° 43' 46.3''
N37° 52' 22.6''
North Berkeley
MLS Addon
NAI Northern California
Timothy Warren
twarren@nainorcal.com
: Stucco
R02008347
OBOJMTB
: Public

Commercial Sale For Sale

2005 Berkeley Way, Berkeley, California 94704

3,714 Sqft
$2,480,000
Listing ID #41073440
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 41073440
Price : $2,480,000
Square Footage : 3,714 Sqft
Year Built : 1955
Lot Area : 6,120 Sqft
Status : New
Property SubType : 5 Or More Units
Agent info
Michael Roberts
Contact Agent