1722 Walnut St, Berkeley, CA

$3,398,000

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6,020

Square feet

0.12

Acres

About 1722 Walnut St

To access the marketing package copy/paste: https://bit.ly/kitehillre. Open Sat, Oct 12th Noon - 2:00 PM. 1722 Walnut St is a rare opportunity to acquire an apartment building in North Berkeley consisting of ten 1 bed, 1 bath units. The building is currently fully leased as furnished rentals, providing a strong in-place income stream, with all furniture included in the sale. Located just steps from UC Berkeley, the property offers a highly desirable location in one of the nation’s top academic and cultural hubs. The property offers a flexible investment strategy for the next owner. As units become vacant, there is the option to renovate and lease at market rates or continue the existing furnished rental model for maximum returns. Four of the units already feature upgraded, open-concept kitchens, enhancing tenant satisfaction, while all units retain beautiful original hardwood floors, lending charm and character. Additionally, the building includes convenient on-site coin-operated laundry facilities and a sunny shared backyard for tenants to enjoy. Meticulously maintained by the same owner for 37 years, the building is in excellent condition.

Features of 1722 Walnut St

MLS® # 41073505
Price $3,398,000
Bathrooms 0.00
Square Footage 6,020
Acres 0.12
Year Built 1927
Type COMM RI MULTI-UNITS 5+
Sub-Type 5 or More Units
Status Active

Community Information

Address 1722 Walnut St
Area Listing
City Berkeley
County Alameda
State CA
Zip Code 94709

Amenities

Utilities Wired For Cable TV, Individual Electric Meter, Individual Gas Meter
Parking None
View None
Is Waterfront No
Has Pool No

Interior

Interior Features Storage
Heating Natural Gas
Cooling None
Fireplace No

Exterior

Lot Description Regular, Paved
Construction Stucco

Additional Information

Date Listed September 18th, 2024
Zoning R-4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJatin Mehta
OfficePellego

Listing Map

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