1734 Spruce, Berkeley, CA

$2,950,000

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4,349

Square feet

0.12

Acres

About 1734 Spruce

TOUR THURSDAY 10/22 - 10-12:30 BY APT ONLY - PLS CALL AGENT TO SET TIME The 1734 Spruce Street Apartments offer investors the opportunity to acquire a turn-key, superbly situated property with little deferred maintenance and significant upside in a premier Berkeley location. The current owners have invested significant capital, approx. of $800k, into the asset over the course of the last few years. Plans are approved by the City of Berkeley for the conversion of units #1 & #2 from studio and 1 bedroom apartments to 1 bedroom and 2 bedroom units respectively. Located less than one block from UC Berkeley and a short walk from Downtown Berkeley BART, this property will attract students and young professionals alike. The subject property offers investors a well maintained asset with significant upside.

Features of 1734 Spruce

MLS® # 40970958
Price $2,950,000
Bathrooms 0.00
Square Footage 4,349
Acres 0.12
Year Built 1913
Type COMM RI MULTI-UNITS 5+
Sub-Type 5 or More Units
Status Pending

Community Information

Address 1734 Spruce
Area Berkeley Map Area 9
City Berkeley
County Alameda
State CA
Zip Code 94709

Amenities

Utilities Individual Electric Meter
Parking Carports - 2 Or More
Is Waterfront No
Has Pool No

Interior

Heating Steam
Cooling Other
Fireplace No

Exterior

Lot Description Regular
Construction Stucco

Additional Information

Date Listed October 14th, 2021
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentNathaniel Reinke
OfficeKeller Williams Realty

Listing Map

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