1519 Walnut St

Berkeley, CA, 94709

$4,650,000

$514 per ft²
$4,650,000
$514 per ft²
Active
Active
 - For Sale
carpenters-square
9,042 ft²
property_type
Commercial
calendar
Built 1918
Price reduced! Back on market, the subject property consists of two (2) multifamily buildings totaling 9,042 square feet, situated on two separate parcels totaling 9,960 Square Feet, with a total of twelve (12) 1-bed, 1-bath units. Can be sold together or separately. 12.87 GRM and 4.6% Cap on current rents. The spacious and sophisticated renovated units showcase modern design and aesthetic elements, including efficient layouts, stainless steel appliance packages, and upgraded finishes throughout. Due to its desirable location, the property and submarket benefit significantly from very low vacancy, tremendous tenant demand, and premium rental rates.
MLS® ID:
41020563
Listed:
3/1/23
Updated:
3/22/23
RE/MAX ACCORD
Amanda Lesser & Bruce Lesser

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
Storage
Floor Description
Hardwood
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
9,960 ft² lot
Lot Details
Regular
Sewer
Public Sewer

Other Property Details

Area Name
Berkeley Map Area 3
Garage
No
Parking
Uncovered Park Spaces 2
View
Y
County
Alameda
Utilities
Individual Electric Meter, Individual Gas Meter
Water Source
Public
Pool
No
Buyer Agency Compensation
2

Courtesy of Grant Chappell with NAI Northern California
Listing Contact:  

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RE/MAX ACCORD
Amanda Lesser & Bruce Lesser
Contact