1015 University , Berkeley , CA   94702; Multifamily Properties For Sale; A-1 in Alameda County

1015 University , Berkeley , CA 94702; Multifamily Properties For Sale; A-1 in Alameda County


1015 University , Berkeley , CA   94702; Multifamily Properties For Sale; A-1 in Alameda County

23a

23

Price:  $3,499,000
No. Units:  12
Building Size:  10,484 SF
Lot Size:  0.20 AC
Property Type:  Multifamily
Property Sub-type:  Garden/Low-Rise
Status:  Active

 

Property Description

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.

Location Description

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.