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Listed by Steven Pinza • The Pinza Group, Inc
$ 2,895,000
Est. payment | /mo
4,081 SqFt
$ 2,895,000
Est. payment | /mo
4,081 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,081 sqft
Price per Sqft $709
MLS Listing ID MR41088942
Originating Board Bridge MLS
Year Built 1900
Lot Size 7,974 Sqft
Property Sub-Type Five or More Units
Property Description
Open House Tour on Saturday April 26th, 1:00PM-3:00PM. 2535 Hillegass Ave in Berkeley, CA. This UC Berkeley student rental property comprises 11 separate rentals across three buildings: a large single family home, a two story cottage, and a cabin. Amenities include shared laundry facilities and off-street parking for additional rental income. Each unit is separately metered for PG&E and billed separately for water, with current tenants covering all utilities to help reduce operating expenses for future owners. The well-maintained building boasts several updates, including a seismic retrofit, exterior drywall replacement, and upgraded electrical systems. It also features a large backyard with plenty of space for adding an ADU or exploring other value-add opportunities. Situated in a prime location in South Berkeley, the property is just a short walk from UC Berkeley and the vibrant coffee shops, restaurants, and transportation options in Downtown Berkeley.
Location
State CA
County Alameda
Area Berkeley Map Area 9
Interior
Cooling None
Flooring None
Exterior
Exterior Feature None
Parking Features Other
Garage Spaces 3.0
Roof Type Other
Building
Lot Description Other
Sewer None
Water None
Others
Tax ID 055-184-301
Special Listing Condition Not Applicable
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Tim Alford & Faye Bon
REALTOR® | Lic# 01507448 | 01746037