2732 Martin Luther King Jr Way - Apartments FOR SALE


Berkeley, CA 94703- South Berkeley
$1,800,000 USD
310-704-3616
2732 Martin Luther King Jr Way, Berkeley, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

2732 Martin Luther King Jr Way
Berkeley, CA 94703
South Berkeley


HIGHLIGHTS

  • Trust Sale
  • 9 unit apt complex
  • in the heart of Berkeley
  • rental upside

OVERVIEW

Trust Sale -The apartment complex is located just minutes from Downtown Berkeley, South Berkeley encompasses part of historic Rancho San Antonio. Today, it has become a mecca for sports as well as cool apartments. The Ashby Stage is a great place to see a show, and it’s down the road from the Berkeley Bowl supermarket. Adeline Street is where you’ll find most restaurants, nightlife, and Ashby BART Station. Grove Park offers an array of outdoor amenities to locals including sports courts and a playground. When you live in South Berkeley, you’re close to the University of California, Berkeley and five miles from Oakland. • 9 unit Apartment Complex • Single Building Complex • Parking spaces 9 on-site spaces • On site laundry • 24-Hour access • Below market rents with upside • Unit have Heating. The Apartments Complex features 9 apartments in single buildings. (8) 1 bedroom/1 bathroom apartments (1) 3 bedroom/2 bathroom apartment. 7010SF on a 6955 lot, 3 stories, Gross income for 2024 $113,485. 100% occupied. Specific seller requirements, contact listing broker for information view property due diligence at Braunco.com.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$175 USD /SF

# OF UNITS

9

PRICE/UNIT

$200,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9 unit apartments in the heart of Berkeley

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,957 SF

ZONING

-

APN/PARCEL ID

054-1726-002-00

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

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