1015 University , Berkeley , CA 94702; Multifamily Properties For Sale; A-1 in Alameda County
No. Units: 12
Building Size: 10,484 SF
Lot Size: 0.20 AC
Property Type: Multifamily
Property Sub-type: Garden/Low-Rise
NAI Northern California is pleased to present a Mixed Use Retail and residential property consisting of 7 apartments and 5 Commercial spaces located on University Ave. The property boasts strong existing income with upside potential on both the retail and apartment units. This is a unique opportunity to re-position asset with a number of month to month commercial leases. There are six off street parking spaces and leased laundry onsite for the tenants.
The property is located a few blocks away from West Berkeley’s 4th St Shopping District and half a block from San Pablo Ave., a main thoroughfare. University Ave. is home to many local and major retailers. The 80 Freeway, North Berkeley BART and Amtrak are also within close proximity.