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$3,840,000
Est. payment /mo
8,076 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82035321
HOA Y/N No
Year Built 1938
Annual Tax Amount $47,320
Lot Size 8,076 Sqft
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
Area 699 - Not Defined
Zoning RM
Interior
Heating Electric
Cooling None
Fireplace No
Exterior
Carport Spaces 4
Building
Water Public
Schools
School District Other
Others
Tax ID 0592255008
Special Listing Condition Real Estate Owned
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Listed by Eymon Binesh Marcus & Millichap #02060059
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NEARBY SCHOOL & BUSINESS
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