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Stable cash flow of over $17,800 per month with approximately 10% upside remaining compared to market rents. 6.4% cap rate and 9.8 GRM with a strong 5.4% cash on cash return after financing. 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. Contact agent for complete marketing package
Property Type(s):
Residential Income
| Last Updated | 4/18/2025 | Tract | SOUTH BERKELEY |
|---|---|---|---|
| Year Built | 1916 | County | Alameda |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Washer |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| LOT | 10360 sq ft |
| LOT DESCRIPTION | Street Level |
| SUBDIVISION | SOUTH BERKELEY |
| TAXES | 33423 |
Location
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Listed with BHHS Drysdale Properties
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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