Well-maintained mixed use asset in the vibrant neighborhood of South Berkeley Excellent location at the corner of Alcatraz and Adeline, 0.3 miles to the Ashby BART station Strong current cash flows at a 5.06% Cap Rate Two (2) Retail/Commercial Units and One (1) Residential Units Over $18,000 in annual rent upside, allowing a new owner to maximize their return over time Ideal investment for an owner-occupier and/or contractor with a vision to convert commercial units to residential units 1750 Alcatraz is a classic urban mixed use building with retail space on the first story and a residential unit on the second. Located in a prime South Berkeley location where Adeline crosses Alcatraz, this property consists of two (2) ground-floor commercial spaces and one (1) 3bd/1ba units. This is a great opportunity to acquire an asset in an A+ South Berkeley location.
Thoughts about this property? Write them down for quick reference the next time you view this property.