2336-2338 Blake St - Apartments FOR SALE


Berkeley, CA 94704- South Berkeley
$3,200,000 USD
925-550-9540
2336-2338 Blake St, Berkeley, CA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/12
null | 5.23% Cap Rate

2336-2338 Blake St
Berkeley, CA 94704
South Berkeley


HIGHLIGHTS

  • Walk to UCB Campus

OVERVIEW

Price Improvement $3,200,000. Introducing a unique opportunity to own a 12-unit apartment complex, each featuring 1 bedroom and 1 bath, plus an unfinished top unit suite with 2 bedrooms and 1 bath. Located just steps from UC Berkeley and only two blocks from the lively Telegraph Avenue, this property is perfectly positioned to attract tenants seeking convenience and a vibrant community. The complex offers excellent walkability, with easy access to campus, diverse dining options, unique shops, and cultural attractions. This property is ideal for investors looking to expand their portfolio in a highly desirable area. Don’t miss this chance to secure a rare property in the heart of South Berkeley. Buyers/ Investors are encouraged to verify the total square footage and lot size through public records for accuracy. All available reports on the property, including inspections, assessments, and permits, have been completed and are ready for review upon request. This is a unique investment opportunity with expansion potential—schedule a showing to explore all possibilities. A ProForma Cap Rate was used for valuation purposes. The property includes 8 occupied units and 4 vacant units. Buyers are encouraged to verify the total square footage and lot size through public records for accuracy. Tenants will be notified 24 hours in advance of any viewing requests. Please contact agent for showings. (925) 263-605

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$413 USD /SF

# OF UNITS

12

PRICE/UNIT

$266,667

CAP RATE

5.23%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1948

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,739 SF

ZONING

R-50, Berkeley

APN/PARCEL ID

055-1832-007-02

ASK ABOUT THIS PROPERTY

Kelly KlinglerWells & BennettMore Info
925-550-9540

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kelly KlinglerWells & BennettMore Info
925-550-9540

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.