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$2,100,000

Est. payment - /mo

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10,358 Sqft Lot

Active

1420 Alcatraz Ave Berkeley, CA 94702

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The Brandon Drew Group

financing@tbdgmortgage.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision South Berkeley

MLS Listing ID 41093906

HOA Y/N No

Year Built 1916

Annual Tax Amount $33,423

Lot Size 10,358 Sqft

Property Description

1420 Alcatraz presents a rare opportunity for an investor to purchase a well maintained 8 unit apartment building located in Berkeley, one of the most dynamic multifamily submarkets in the region. Built in 1916 and 1940, the property comprises two buildings on two separate parcels, with a combined square footage of 4,755 square feet on a 10,454 square foot lot. Diverse Unit Mix: The property offers an attractive unit mix, including (1) 3-bedroom, 1-bath unit; (1) 2-bedroom, 1 bath unit; (1) 2-bedroom, 2-bath unit; and (5) 1-bedroom, 1-bath units, catering to a variety of tenant demographics. Prime Location Within Desirable School District in Southwest Berkeley Neighborhood: Situated on the corner of Alcatraz and Sacramento, the property benefits from long-term tenant demand and is located within the Berkeley Public School district; a key decision driver for renters with children. Exceptional Walkability and Bikeability: With a Walk Score of 90 and a Bike Score of 93, tenants enjoy easy access to local shops, restaurants, and entertainment options without the need for a vehicle. Proximity to Public Transit: Just a 10-minute walk to Ashby BART Station and a 10-minute bike ride to the University of California, Berkeley, providing convenient transportation options for residents.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Dryer, Washer

Exterior

Total Parking Spaces 2

Building

Lot Description Street Level

Others

Tax ID 0521439023

Listed by Eric Keena • BHHS Drysdale Properties

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