1722 Walnut St

Berkeley, CA 94709

$3,398,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1927

calendar_month Built

Property Description

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.

Listing Information

List Price $3,398,000
Status Active
MLS 41073505
HOA $0
Type Residential Income
Year Built 1927
Lot Size 5,450
Structure Size N/A
Courtesy Of Pellego
Listing Agent Jatin Mehta DRE#02045713

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Jatin Mehta, Pellego . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 6:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.