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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$2,200,000

Est. payment - /mo

6,250 Sqft Lot

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision N Berkeley

MLS Listing ID 41131548

HOA Y/N No

Year Built 1961

Lot Size 6,250 Sqft

Property Description

Location! Location! Location! 1720 HEARST AVE … first time on the market in over 40-years … extremely well-maintained 6-unit apartment building … Walk-Score = 9.5 out of 10 = a WALKERS DREAM … 2-blocks to University Ave and Trader Joe's … across the street from Ohlone Park, Playground and Senior Center … 3-blocks to BART … 5-blocks to Berkeley High School and City Hall … 8-blocks to the NEW computer building at UC Berkeley … 6-blocks to the Gourmet Ghetto … this is a very nice part of town that is close to everything! One apartment is vacant and was just updated – see the photos – the other five apartments are in good condition with updated windows … Apartments are all 2-bedrooms, 1-bath … CAP-RATES current rents = 4.7%, market rents = 5.7% ... GRM = current rents = 13.4, market rents = 11.8 ... NOI (income) = current rents $103,300, market rents = $125,716 ... Cost per unit = $366,667 ... $ per SQ FT = $530. Current rents average $2,289 per month ... Market rents are about $2,600 per month ... SEE PROFORMA for more details ... Offers reviewed on WEDNESDAY, April 29th at 3pm.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Total Parking Spaces 6

Building

Lot Description Street Level

Others

Tax ID 57206226

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Listed by Kevin Obrien Re/Max Accord #01385083

Nearby School & Business

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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1720 Hearst Ave Berkeley, CA 94703

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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