Berkeley, CA 94709,1734 Spruce

$2,950,000

$2,950,000

Est.Price: ?

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Est. payment /mo

4,349 SqFt


SOLD DATE : 02/15/2022

Key Details

Sold Price $2,950,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,349 sqft

Price per Sqft $678

MLS Listing ID 40970958

Sold Date 02/15/22

HOA Y/N No

Year Built 1913

Lot Size 6,534 Sqft

Acres 0.12

Property Sub-Type 5 or More Units

Property Description

TOUR THURSDAY 10/22 - 10-12:30 BY APT ONLY - PLS CALL AGENT TO SET TIME The 1734 Spruce Street Apartments offer investors the opportunity to acquire a turn-key, superbly situated property with little deferred maintenance and significant upside in a premier Berkeley location. The current owners have invested significant capital, approx. of $800k, into the asset over the course of the last few years. Plans are approved by the City of Berkeley for the conversion of units #1 & #2 from studio and 1 bedroom apartments to 1 bedroom and 2 bedroom units respectively. Located less than one block from UC Berkeley and a short walk from Downtown Berkeley BART, this property will attract students and young professionals alike. The subject property offers investors a well maintained asset with significant upside.

Location

State CA

County Alameda

Rooms

Basement Partial

Interior

Heating Steam

Cooling Other

Flooring Other

Fireplace No

Exterior

Utilities Available Individual Electric Meter

Building

Lot Description Regular

Sewer Public Sewer

Water Public

New Construction No

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Bridge MLS
Listed by Nathaniel Reinke • KW Advisors East Bay
Bought with Eddie GoldLi

GET MORE INFORMATION

agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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