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Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$3,840,000
Est. payment /mo
6 Beds
4 Baths
9,282 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,282 sqft
Price per Sqft $413
MLS Listing ID ML82035321
Bedrooms 6
Full Baths 4
Year Built 1938
Lot Size 8,075 Sqft
Property Sub-Type Five or More Units
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 Berkeley Map Area 1
Zoning RM
Interior
Heating Electric
Cooling None
Laundry Coin Operated
Exterior
Parking Features Attached Garage, Covered Parking
Garage Spaces 4.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Rolled Composition
Building
Foundation Wood Frame
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 059-2255-008
Security Features None
Special Listing Condition REO / Bank Owned Property
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