1739 Spruce St Berkeley, CA 94709
Property Features for 1739 Spruce St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.43 Acres
Building Details
- Year built
- 1938
Source:
Elliman
Listing Agent: Arlene Baxter
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Berkeley Multifamily Near UC Campus
This multifamily complex, constructed in the late 1930s, is located less than a block from the north side of the University of California campus. The stucco buildings are situated around a garden lot of just under 1/2 acre, offering views of the Bay and campus. Each unit features hardwood floors, living rooms with fireplaces, and in-unit laundry. Four of the units are two-story. The units range in size from approximately 1450 to 1600 square feet, with one larger unit occupying over 1650 square feet. Most units are configured as 3-bedroom layouts, while one unit is used as a 4-bedroom. Four units include an additional half-bath. The majority of units have updated kitchens. Electrical service has been upgraded, and each unit has separately metered utilities. The property is located approximately 1/2 mile south of downtown and the BART/Arts district, and north of the Shattuck/Gourmet district. The location has a WalkScore of 90, indicating it is considered a "Walker’s Paradise". The complex offers the option to occupy the entire property.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.2650791
- Latitude
- 37.876069
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Spacious units near UC Berkeley with high rental potential.
Where is this apartment building located?
The property is located at 1739 Spruce St Berkeley, CA.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: - Prime Location: Less than a block from UC campus, WalkScore of 90 (Walker's Paradise), close to downtown, BART, and gourmet districts.; - High Income Potential: Long history of low vacancy and high rental rates, all units currently vacant offering immediate rental opportunity.; - Large Units: Spacious units ranging from 1450-1650+ sq. ft., most used as 3-4 bedrooms, offering ample living space.
