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Listed by Steven Pinza • The Pinza Group, Inc
$ 4,950,000
Est. payment /mo
Active
2980 College Ave Berkeley, CA 94705
9,424 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,424 sqft
Price per Sqft $525
MLS Listing ID 41084066
HOA Y/N No
Originating Board Bridge AOR
Year Built 1983
Lot Size 7,184 Sqft
Property Sub-Type 5 or More Units
Property Description
Showing Friday 1/31 from 10am-12pm only! Elmwood Village at 2980 College Ave in Berkeley, CA, featuring a condominium structure with thirteen (13) well-maintained units comprising six (6) commercial units and seven (7) residential units. The residential units consist of one 3bd/2bth unit, two (2) 2bd/2bth units, two (2) 1bd/1bth units, and two (2) studio apartments. Tenants are responsible for gas and electricity, which keeps owner expenses low. The property is in excellent condition with no issues reported. Residential units boast amenities including washer/dryer in-unit, air conditioning, heating, cable readiness, dishwasher, disposal, stainless steel appliances, microwave, refrigerator, carpet, tile floors, vinyl flooring, walk-in closets, and large bedrooms. The property is fully occupied by stable tenants, most of whom are paying near market-rate rents, presenting an extremely rare opportunity to acquire a fully turnkey asset in one of the Bay Area's hottest rental markets.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Other
Flooring Other
Fireplace No
Building
Lot Description Other
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