2537 Ellsworth St | Berkeley, CA 94704
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- LoopNet Team
2537 Ellsworth St
Berkeley, CA 94704
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- 7 of 9 Units Fully Renovated with Permits
- Brand New TimberTech Siding, New Front Entry, Fire Suppression System, Exterior Painting
- Current Cap Rate of 6.21% | Rental Upside to Over 7.25% Cap Rate
- Brand New Roof, Main Electrical Panel, Windows, Railings, Sewer Lateral Line
- Garage Parking for All Units
PROPERTY FACTS
| No. Units | 9 | Building Size | 8,244 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2024 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | Multifamily Residential - Multifamily Residential | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 8,244 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2024 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | Multifamily Residential - Multifamily Residential |
AMENITIES
UNIT AMENITIES
- Microwave
- Kitchen
- Granite Countertops
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Double Pane Windows
- Handrails
SITE AMENITIES
- Gated
- Smoke Free
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 7 | $4,900 | 856 |
| 3+1.5 | 2 | $3,125 | 856 |
PROPERTY TAXES
| Parcel Number | 055-1832-017-00 | Improvements Assessment | $1,816,766 |
| Land Assessment | $1,548,062 | Total Assessment | $3,364,827 |
PROPERTY TAXES
Parcel Number
055-1832-017-00
Land Assessment
$1,548,062
Improvements Assessment
$1,816,766
Total Assessment
$3,364,827
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