4-Plex + 1 Unit in Gourmet Ghetto (Berkeley, CA)

[Jatin Mehta]

4-unit per tax records, but comes with an un-permitted 5th unit (2 bedroom/1 bathroom)

List Price: $2,200,000

Cap Rate: 5.11%

SQFT: 2,554 (according to tax records) w unpermitted unit closer to 3,700-3,800 total sqft.

(Buyer to verify)

Lot Size: 6,056 sqft

Unit Mix:

(2) Studios (1 vacant Aug 2019)

(1) 1 bedroom (vacant COE)

(1) 2 bedroom (vacant)

(1) 3 bedroom (vacant March 2019)

One of the largest lots in the gourmet ghetto - comes with views of the Golden Gate Bridge.

$13,602/month gross rental income

$163,224/year gross rental income

$112,311 NOI

Please contact me if you're interested in seeing the OM.

Best,

Jat