1420 Alcatraz Ave Active

Berkeley,CA 94702

$ 2100000

- Bed

- Bath

4755 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,755 sqft

Price per Sqft $441

MLS Listing ID BE41093906

Year Built 1916

Lot Size 10,360 Sqft

Property Sub-Type Five or More Units

Source Bay East

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

Area Berkeley Map Area 8

Interior

Heating Wall Furnace

Cooling None

Flooring None

Laundry Washer,Dryer

Exterior

Exterior Feature None

Parking Features No Parking

Garage Spaces 2.0

Roof Type None

Building

Lot Description Grade - Level

Sewer Sewer - Public

Water Public

Others

Tax ID 052-143-9023

Special Listing Condition Not Applicable

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