Active
1722 Walnut St
Berkeley CA, 94709
$3,398,000
$564.45 per sqft
Active
6,020 sqft
Multi-family
Built in 1927
To access the marketing package copy/paste: https://bit.ly/kitehillre. 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.
41073505
MLSⓇ ID
September 18, 2024
Listed
November 21, 2024
Updated
Map
1722 Walnut St
Berkeley CA, 94709
Interior Features
Interior Features
Storage
Laundry Description
Coin Operated
Floor Description
Wood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.13 Acres
Lot Features
Regular, Paved
Sewer
Public Sewer
Other Property Details
Area Name
Berkeley
Garage
No
Parking
None
Parking Total
0
View
No
View Description
None
County
Alameda
Pool
No
Zoning
R-4
Listed by Jatin Mehta with Pellego
Listing Contact: 949-929-9562
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