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

December 13, 2024

Updated

Map

1722 Walnut St
Berkeley CA, 94709

Interior Features

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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