1750 Alcatraz Avenue , Berkeley CA

$750,000 | $3,456 / Month*

List Firm - NAI Northern California
List Agent - Grant Chappell
MLS #40964230

Location

Features

Details
Square Feet: 1584
Included: See Remarks, All Electric, All Public Utilities, Internet Available, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
Property Features: No Yard
School District: Berkeley (510) 644-6504
Zoning: C
Foreclosure: No
Water/Sewer: Sewer System - Public, Water - Public
Basement: None
Garage Type: None, On Street
Interior Features
Square Feet: 1584
Exterior Features
Construction: Stucco, Wood Frame, Siding - Stucco
Features: Cable TV, Wired For
Roof: Tar and Gravel
Utilities
Cooling: Central 1 Zone A/C
Heating: Electric

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.

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