This opportunity features many of the key elements of income producing property most sought after by investors; excellent physical condition, favorable unit mix, limited operational expenses, solid in place income with immediate income growth potential, and high demand location offering excellent access to transportation, employment, shopping, dining, and entertainment. The property consists of a total of 8 units, six 2-bedroom 1-bathroom and two 1-bedroom 1-bathroom units fully occupied at near market rents. The ownership has been diligent in their maintenance and updates to the property replacing all of the windows with dual pane vinyl windows, all of the flooring in the units with either tile or vinyl, all of the wall furnaces and recently replacing the water heater. All units feature gas oven/range, refrigerator/freezer, gas wall furnace, wall AC units, hard surface flooring, shower tub combo and come with 1 assigned parking space. Additionally select units have been updated with shaker wood kitchen cabinetry, new appliances, and feature either enclosed patio or balcony and all residents have access to the coin operated laundry facilities. Last unit rented at $2,250.
Great investment opportunity to own multiple condo units. Buy one, select a batch or buy all 10 units. Call the listing agent for a list of all available units. Del Rio Condos (6 units): 2 bedroom, 1 bath units - tenant occupied. Most units have living room, dining room and kitchen on lower level, with 2 bedroom and bath on the second level. Attached covered parking with storage and laundry. Just over the Pleasant Hill line, walking distance to the Iron Horse Trail. Easy I-680 freeway access, shopping and restaurants. Walk friendly neighborhood with kids and pets a plenty. Complex has an in-ground pool and green space. Tree Garden Condos (2 units): Two large, townhouse style, 2 bedroom, 1.5 bath units with assigned parking. Smaller complex surrounded by trees with a park-like setting , clubhouse with an in-ground pool. Valley Crest Condo (1 unit): Large, ground-floor 2 bedroom, 2 bath unit. Spacious living room with dining area. Assigned parking, large patio, community pool, and a clubhouse. Desirable neighborhood close to Concord Pavilion, park, shopping and transportation. Wildbrook Townhouse (1 unit): Tenant occupied unit at 1823 C Wildbrook Dr., Concord. Large two-story townhouse with 3 bedroom, 2.5 baths, private patio between unit and 2 car garage.
www.1145Washington.com; Showing: Sunday 4/21 from 11am-12:30pm; Eight Large 2bd/1bth Units with Rental Upside; 100% Occupied with Stable and Paying Tenants with No Delinquencies or Deferred Maintenance; Building Amenities Include: 1:1 Gated Underground Parking Garage Ratio, Private Balconies, and Laundry; Many Units Have Been Upgraded with New Appliances, Flooring, Cabinets, Paint, etc; Conveniently Positioned in the Heart of Albany, Just Blocks from Dining, Shopping, and Commute Options; Email Agent on Website For Complete Marketing Package
MASSIVE PRICE REDUCTION. Rare chance to own your own piece of Solano Avenue....and it has PARKING! Take advantage of a SBA loan and move your business here. Several offices and one open space, two restrooms, bonus second floor, tons of natural light. New paint in and out plus slurry seal in parking lot. Also available for lease.
This store-front retail is nicely located on the high traffic business street of San Pablo Ave in the City of Albany. It has a walkable score of 89%. Walk to Solano Ave shops. University Village shopping and El Cerrito Plaza Shopping Center are within 1 mile distance. Next to the City of Berkeley, El Cerrito and a short drive to Emeryville, Oakland, and the San Francisco Bay Areas. Well maintained property. Excellent curb appeal. Two retail units. #814 has been occupied by the owner of the dry cleaner business for over 30 years. The business attracts many local customers. #816 is a tenant occupied by Farmers Insurance Office since 2019. The current rent is $2,100. per month. The tenant prefers to stay and extend the lease for another year. 2023 Annual actual gross income which includes the dry cleaner and the rental unit total of $135,633. @ 9.10% Cap rate. 2024 actual cap will be 9.44%. The business is offered for $50,000. Property is offered $900,000 and must be sold together. Please contact the listing agent 510 853 8810 for details.
Updated pricing! We're pleased to present 1494 Solano Ave, a turnkey 20-unit property ideally located on one of the East Bay's most popular neighborhood thoroughfares, Solano Avenue. Originally constructed in 1958 and meticulously cared for under current ownership and management, the subject property consists of twenty (20) total units: sixteen (16) 1-bedroom/1-bathroom units and four (4) 2-bedroom/1-bathroom units with ample parking (ground floor and off-street) and coin-op laundry. The property has undergone several capital improvements including a full seismic retrofit, roof restoration, window replacements and a complete facade renovation. Recent unit upgrades include strand bamboo hardwood floors, new bathroom vanities, cabinets and modern appliances. Under current ownership, PG&E is separately metered for the units while garbage, water, and hot water is being paid for by the landlords. The property may qualify for ADU conversion in the parking area. With a 95 Walk Score and close proximity to public transit and local favorites such as Little Star Pizza, Rivoli and Bowl'd Korean Rice Bar, this ideal location appeals to young professionals and families.
Opportunity to purchase a seldom available small commercial building on San Pablo Avenue in Albany between Solano and Marin Avenues. High visibility well trafficked area directly across the street from the Albany Subaru dealership. Formerly used as a chiropractic office. Has a small office, approximately 15x15 with separate entrance at 928 with tie-in access to the larger office space at 930. Backyard area is approximately 50 feet deep. Apart from medical, dental, and standard office uses the building and outdoor area may offer the potential for many uses. Day spa? Restaurant with outdoor dining, and entertainment? Zoning is San Pablo Commercial. Check with City of Albany for specifics. Street parking only.
1444 Walnut St is a rare opportunity for a 11-unit trophy asset building available in Berkeley's esteemed Gourmet Ghetto, conveniently accessible from the original Peet's coffee located at the corner of Walnut and Vine, and only 3 blocks away from the prestigious University of California, Berkeley. This property comprises 9 apartments, 2 commercial spaces, an elevator, and secured parking with 6 spaces and 6 storage units. Unit mix consists of (five) 2 bed 1 bath units, (three) 1 bed 1 bath units, a 2 bed 2 bath 2 level penthouse with fireplace, and two commercial spaces on the ground floor. All the residential units have been updated and offers balconies with Bay Views. The two commercial spaces consist of an corner office space (800 sqft.) and a retail space (450 sqft.) located on the end of the building which has been occupied by the same business for over 24 years. With a Walkscore of 96, the location cannot be beat as you are in the heart of the Gourmet Ghetto offering a plethora of dining/food options, close to Downtown Berkeley BART, public transportation, and shopping. This is a great rar opportunity to acquire a prime asset in an excellent location.
www.1526Arch.com; $100K Price Improvement, Higher Rents, and Four Units Vacant; Up to $350K in Seller Carry Second Loan Proceeds at 3.5% Interest, Interest Only, for 2-3 Years; Onsite Coin-Operated Laundry, Leased Office Space, Two Large Storage Rooms, and Freshly Painted Common Area & Stairwell; Fully Designed Plans to Add an Additional Two ADU's; 1:1 Off-Street Parking Ratio, Including Four (4) Garage Spaces and Six (6) Covered Carport Stalls-All Parking Spaces Delivered Vacant!; Email Agent on Website For Complete Marketing Package.
This is a unique opportunity to own a Multi family 6 plex consisting of 3 buildings. Two buildings in front are with 2 bedrooms and 1 bath each totaling 4 units and the building in the back is 2 x 1 bedroom and 1 bath. All 6 units have been remodeled from top to bottom. All brand new ABS plumbing, Copper pipe plumbing and new electrical. Five of the six units are rented and they are month to month rent. There are 12 parking spaces inside the gated area. The present tenants are all section 8 housing and Guaranteed Rent. One unit is vacant and the rent for that unit is $2300 a month. Seller pays for water and Trash. Tenants pay for PG&E. All units are individually metered for pg&e. Total current income is $ 10,525. per month with one unit vacant. The future rent could be $13,176 or higher. This property is well kept and maintained. It's close to highway 4, surrounded by all the basic needs of your tenants. You may drive by or walk the property to look, however please do not disturb the tenants and Do not approach the tenants Write offers subject to viewing inside and inspection of all units. Please make sure you provide a pre approval letter and commitment letter with your offer.
Discover the perfect opportunity with this 862 square foot, two-story light industrial/commercial space located in the heart of the Berkeley Gilman District. Situated for utmost convenience, this property offers excellent access to I-80, making it an ideal location for a variety of ventures. Whether you're looking to kickstart your own business, establish a creative studio workspace, or explore other possibilities, this property holds great potential for the savvy entrepreneur. Buyer to verify usage with the city. Near Whole Foods, REI, restaurants, the Fourth Street shopping district. Start your own business here...
Endless opportunities with this commercial/residential mixed use property with 5 units on .27 acres! Ideal location surrounded by flourishing restaurants, cafes and shops - this property is situated perfectly off the corner of Mt Diablo Blvd. and Moraga Rd., providing excellent visibility and lots of foot traffic! The space is currently being used as two commercial units and three residential units. Currently, there is a restaurant and a barber shop along Plaza Way, each with a small apartment behind it. Down a driveway and towards the back of the property, there is an additional 1175 sq. ft. 2 bedroom house with a private outdoor area along the creek. This property is next to Park Theatre, a multi-purpose venue being redeveloped with a grand re-opening scheduled for 2025. Now is the perfect time to invest and reimagine this 5 unit commercial/residential property! For more details, visit plazawy.com
Great location near 4th Street Shopping, including stores such as Apple, Peet's Coffee, and restaurants. Easy access to highway. Two buildings on one lot. Basically a fourplex and a duplex. Separately metered for gas, electric and water. Bike to UC Berkeley and North Berkeley Bart station. Walk score of 89 (Very Walkable) and bike score of 99 (Biker's paradise). Good long tern investment property.
1917 Sixth St is a stunning 12-unit apartment community located in the thriving city of Berkeley, California. Situated on a parcel of land totaling 11,600 square feet, the subject property was originally constructed in 1964 and has a gross building area of 8,184 square feet offering its tenants beautifully designed two-bedroom floor plans. The subject property is located within close proximity to the University of California, Berkeley and Downtown Berkeley's Shattuck Ave, home to a myriad of shopping, dining, and entertainment options. UC Berkeley is an internationally recognized University and prides itself on being the number one public university in the nation and the fourth best globally.
Investors seeking a combination of prime location, a personally guaranteed lease, and the prestige of a local name brand tenant need look no further. This leased investment (NNN) retail building in Berkeley offers a rare opportunity to be part of a thriving community while enjoying the stability and recognition that come with a well-known local brand. Seize this opportunity for a rewarding investment experience. Key Features: 1. **Desirable Corner Location:** This retail building enjoys a prime position on a highly sought-after corner in Southwest Berkeley. The strategic placement ensures maximum visibility and accessibility, attracting both neighborhood residents and visitors to the vibrant neighborhood. 2. **Personally Guaranteed Lease:** Enhancing the investment security is a personally guaranteed lease from a reputable local name brand tenant. This commitment provides confidence and stability to investors, assuring a reliable income stream. 3. **Local Brand Recognition:** The tenant, a well-established local business, brings instant recognition and credibility to the property. Benefit from the positive association with a trusted local brand name, attracting a loyal customer base. Being associated with a well-known local business fosters community engagement and support.
Nestled in the heart of Berkeley with More than $185,000 in projected annual rental income! A very rare 5-Unit rental income property with APPROVED PLANS to ADD AN ADDITIONAL UNIT. this property presents a rare opportunity for investors or those seeking a versatile residential space. Boasting a mix of unit types, including three 1-bedroom, 1-bathroom layouts, one studio unit, and a generously sized 2-bedroom, 2-bathroom unit with the potential for a third bedroom, this property offers flexibility to suit various needs. Situated just minutes away from shopping, restaurants, the Berkeley Marina, hiking trails, parks, and convenient freeway access, residents will enjoy the vibrant lifestyle that Berkeley has to offer. This property's central location not only provides easy access to amenities and outdoor recreational activities but also positions it as an attractive investment opportunity in one of Berkeley's most sought-after neighborhoods. Whether you're looking to revitalize it for rental income or envisioning it as your next renovation project, this Berkeley gem invites you to bring your vision to life and make the most of its potential in this dynamic city.
5 Units for Sale in West Berkeley's Oceanview District. Income approx. $7700 per month 2 Bdr / 1 Bath Each Spacious Living Rooms & Dining areas 2,396 S.F. Living Area Approximately 1 Closed Garage & Parking Spaces for 10+ Cars 5,200 S.F. Lot Built in 1964 VERY CLOSE TO UC BERKELEY OFF UNIVERSITY AVE AND ADDISON ST AND TO 4TH STREET AND THE MARINA
2607 Ellsworth is a well located 13 unit apartment complex. The property has a desirable unit mix of (12) 2bed/1bath units, and (1) 1bed/1bath unit. Featuring ample parking, on site laundry, phone key in system, and private balconies, 2607 Ellsworth demands premium rents. The top unit is a fully remodeled 2bed/1bath penthouse, with it's own washer dryer and fire place. Additionally, it has two private rooftop decks, with breathtaking views of the Bay, the San Francisco skyline, and the Berkeley Hills. This is truly a rare opportunity to acquire a stable asset with ~25% in rental upside.
PRICE REDUCED - Newmark, as exclusive advisor, is pleased to offer the opportunity to acquire 2628 Telegraph Avenue (the Property) on iconic Telegraph Avenue in Berkeley, California. This 100% leased commercial medical office condominium is situated on highly trafficked Telegraph Avenue. The property is occupied by a single tenant on a net lease basis with a lease expiration date in 2030. This offering offers an investor the rare opportunity to own a high-quality asset providing stable income and long- term value | Rare medical office investment property on iconic Telegraph Avenue in Berkeley, California | 100% leased to a single tenant medical user; The Joint Chiropractic | Long-term lease with a lease end date of October 2030 | Annual 3% rental increases | Excellent curb appeal and street frontage on highly trafficked Telegraph Avenue.
New to market, 2435 Ninth Street in Southwest Berkeley, a high cashflow asset day one with significant rental upside. The property consists of one 3-Bed 1-Bath, one split level 1-bed 1-bath unit and four split level 2-bed 1-bath units with private balconies and shared communal space. The property is separately metered for gas and electric. The building underwent a full seismic retrofit, along with recent roof and unit upgrades. This is a unique opportunity for an investor to capture a low maintenance property with opportunity to increase cash-flow.
2210-2212 Ward Street consists of two buildings, a front duplex with 2bd/2ba units and a rear four-plex with 1ba/1ba units. In total, the property consists of four (4) 1ba/1ba units and two (2) 2bd/1ba units . The property is fitted with 4 covered parking spots and shared patio areas in the front and rear yards. The property has been meticulously maintained over it's history, minimizing expected maintenance expense over the next few years. The subject property is ideally located on the South side of Ward Street between Fulton and Ellsworth Streets. Tenants benefit from being a short two block walk from the amenities and employers on both Shattuck and Telegraph Avenues, including the Berkeley Bowl, Whole Foods, Alta Bates Summit Medical Center, and the Ashby BART Station is less than a 15-minute walk away. This location is among the most desirable in the East Bay.
Awesome own your own office opportunity! One unit of sixteen in this HOA. Some are live/work...but this is a commercial condo, office. Corner unit, high ceilings, metal sash windows, seismic upgrade, conference room, open plan, cool lighting, new carpet and paint. Common area restrooms down the hall. Cool HOA, designers, architects, artists, more. Let's check out a SBA loan and get you started! New roof!!!!
Prime Freestanding Storefront in West Berkeley Offered at $2,200,000 Prime Freestanding Storefront in West Berkeley Offered at $2,200,000 Located on busy San Pablo Avenue, this 4,200 sqft property boasts 34 of storefront offering excellent visibility and natural light. Features include a roll-up door, ADA restroom, office and 4 Parking spaces in the back of the property. Ideal for retail, particularly for Restaurant, Cafe and any food related business idea due to extensive and high quality improvement such as brand new hood, walking refrigerator and more. It also presents an opportunity for development investors. Enjoy superb signage opportunities in this high-traffic location, surrounded by retail, restaurants, and services. Convenient access to Fourth Street Shopping District, public transportation, and major freeways.
