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Listed by Marcus & Millichap
$ 3,840,000
Est. payment | /mo
9,282 SqFt
$ 3,840,000
Est. payment | /mo
9,282 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,282 sqft
Price per Sqft $413
MLS Listing ID ML82035321
HOA Y/N No
Year Built 1938
Lot Size 8,075 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Marcus & Millichap is pleased to present 1526 Arch Street, a 10-unit apartment community in the highly sought-after North Berkeley neighborhood. Built in 1938, the property features a well-balanced unit mix of one studio, five one-bedroom units, three two-bedroom units, and one three-bedroom unit. Currently operating with three vacant units, the asset offers immediate value-add potential through renovations and lease up to market rents. Amenities include four garage spaces, six covered carports, and on-site laundry. With its classic 1930s character and strong fundamentals, 1526 Arch Street presents a rare opportunity to acquire a value-add asset just a 10-minute walk from UC Berkeley.
Location
State CA
County Alameda
Interior
Heating Electric
Cooling None
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
Building
Water Public
"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"