1207 University Pending

Berkeley,CA 94702

$ 7995000

1 Bed

1 Bath

16464 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 16,464 sqft

Price per Sqft $485

MLS Listing ID BE40939985

Bedrooms 1

Originating Board Bay East

Year Built 1943

Lot Size 0.940 Acres

Property Description

https://1207-1233university.com/; The "Victory Village"; 28 Apartment Units Spread Across Seven Separate APN's; Spacious 1bd/1bth Units with 30%+ Rental Upside Upon Gradual Rent Increases, Cap Ex Passthroughs, & Buyouts; All Units Are Separately Metered For PG&E & Water, Have Fireplaces, Hardwood Floors, and the Ability to Add In Unit Washer/Dryers; 30 Uncovered Parking Spots & 20 Private Garages; Separate APN's Allow Maximum Flexibility and the Ability to Obtain 30 Yr Residential Financing at Historically Low Rates; Email Agent For Marketing Package.

Location

State CA

County Alameda

Area Berkeley Map Area 4

Interior

Heating Gas

Cooling Other

Flooring Other

Laundry Other

Exterior

Exterior Feature Other

Parking Features Other

Garage Spaces 50.0

View Other

Roof Type Other

Building

Lot Description Other

Water Other

Others

Tax ID Multiple

Special Listing Condition Not Applicable

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