1744 Tenth Street, Berkeley, CA

$3,095,000

Price

4.16%

Cap Rate

$128,879

NOI

Overview
Cap Rate
4.16%
NOI
$128,879
Building Size
6,361 sqft
Lot Area
0.24 acres
Class
B
Units
10
Year Built
1943
Price Per Sqft
$486.56
Price Per Unit
$309,500
Floors
2
Year Last Renovated
2010
Description

The Kilpatrick Team is pleased to present 1744 Tenth Street, a 10-unit apartment building in Berkeley, California. This split-level property sits on a desirable corner quarter acre lot, near the upscale and bustling 4th Street shopping center and University Avenue. The building features nine 1-bed/1-bath units and one 2-bed/2-bath unit. There is significant value-add potential, including rental upside and space for accessory dwelling unit conversions. Residents will enjoy the convenient location, just a short walk to a variety of amenities.

Highlights
  • Rare opportunity: First time available in over 40 years
  • Property features 2 lots with 4 distinct buildings and 5 private garages
  • Off-street parking available for all units
  • Convenient location near BART, I-80, I-580, UC Berkeley, and 4th Street Shops
  • Potential for added value: Property allows for 2 ADUs (buyer to verify with City)
  • Impressive 95/100 walk score
Documents
Title
1744TenthSt_Flyer.pdf
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Location
Gallery