Property Description

1722 Walnut St is a rare opportunity to acquire an apartment building in North Berkeley consisting of ten 1 bed, 1 bath units. The building is currently fully leased as furnished rentals, providing a strong in-place income stream, with all furniture included in the sale. Located just steps from UC Berkeley, the property offers a highly desirable location in one of the nation’s top academic and cultural hubs. The property offers a flexible investment strategy for the next owner. As units become vacant, there is the option to renovate and lease at market rates or continue the existing furnished rental model for maximum returns. Four of the units already feature upgraded, open-concept kitchens, enhancing tenant satisfaction, while all units retain beautiful original hardwood floors, lending charm and character. Additionally, the building includes convenient on-site coin-operated laundry facilities and a sunny shared backyard for tenants to enjoy. Meticulously maintained by the same owner for 37 years, the building is in excellent condition.

Features
: Natural Gas
: Wood
: Coin Operated
: Regular, Paved
: Flat
Address Map
CA
Alameda
Berkeley
94709
1722 Walnut St
0
E0° 0' 0''
N0° 0' 0''
Google maps
MLS Addon
Pellego
Jatin Mehta
jat@teamkitehill.com
: Stucco
R02045713
OBPELLEGO

Commercial Sale For Sale

1722 Walnut St, Berkeley, California 94709

6,020 Sqft
$3,398,000
Listing ID #41073505
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 41073505
Price : $3,398,000
Square Footage : 6,020 Sqft
Year Built : 1927
Lot Area : 5,450 Sqft
Status : New
Property SubType : 5 Or More Units
Agent info
Michael Roberts
Contact Agent