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    Shattuck Ave Berkeley, CA 94709

    For Sale
    $8,450,000

    19-unit apartment building near UC Berkeley with recent renovations.

    Property size:
    19,863 SF
    Lot size:
    0.31 Acres

    Property Features for Shattuck Ave

    General Information

    Standard status
    Active
    Size
    19,863 SF
    Lot size
    0.31 Acres

    Building Details

    Year built
    1964

    Source: MARCUS & MILLICHAP Agent ROBERT JOHNSTON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Berkeley Multifamily Investment Opportunity

    The property at Shattuck Avenue in Berkeley, California, presents a 19-unit apartment community. Constructed in 1964, the building has a gross area of approximately 19,863 square feet and is situated on two parcels totaling approximately 13,375 square feet. The property features a mix of three-bedroom, two-bedroom, one-bedroom, and studio floor plans. Recent capital improvements include hardwood flooring, updated kitchens with granite countertops, modern cabinetry, high-end finishes and fixtures, and updated bathrooms. The property has also undergone a complete earthquake retrofit and exterior renovations. The building is located near the University of California, Berkeley, and Downtown Berkeley, which offers shopping, dining, and entertainment. A community center and park with tennis and basketball courts are located across the street.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Berkeley
    County
    Alameda
    State
    California
    Longitude
    -122.2680053
    Latitude
    37.8713984

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    FAQs

    What type of property is this?
    Apartment building - 19-unit apartment building near UC Berkeley with recent renovations.
    Where is this apartment building located?
    The property is located at Shattuck Ave Berkeley, CA.
    What is the asking price?
    The asking price for this property is $8,450,000.
    What are key features of this property?
    This property features: - Prime location near UC Berkeley and Downtown Berkeley, offering convenient access to shopping, dining, and entertainment.; - Recently underwent extensive capital improvements, including **updated kitchens with granite countertops and modern cabinetry, updated bathrooms, and hardwood flooring.**; - **Complete earthquake retrofit ensures structural safety and peace of mind.**
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Shattuck Ave Berkeley, CA 94709
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