2351 San Pablo AveBerkeley, CA 94702

  • Other commercial real estate
  • 3,010 SF
For Sale
$1,090,000 View listing

Property Details for 2351 San Pablo Ave

Year built
1939
Construction
WOOD
Lot size
0.10 AC
Property size (Sq ft)
3,010 SF
Property type
Other commercial real estate
APN
56-1926-14-3
APU
561926143

Description

This exceptional Berkeley investment property, built in 1939, presents a compelling opportunity for savvy investors. The 3,010 square foot building sits on a 4,500 square foot lot, strategically located on the corner of two busy streets, maximizing visibility and foot traffic. The property boasts a strong rental income stream, with estimated annual revenue of approximately $71,000. The financial figures provided are estimates and should be independently verified. The property's mixed-use configuration includes both commercial and residential spaces. The commercial unit (2353) generates $1800 per month in rental income, featuring a bathroom. The residential units are comprised of a three-bedroom, one-and-a-half-bathroom unit (2351) renting for $2596.88 per month, and two additional one-bedroom, one-bathroom units (both part of 2351) renting for $800 and $725 per month respectively. The property includes four parking spaces and a secure entry system featuring an iron fence gate with electric openers. This property offers a blend of commercial and residential income streams, making it an attractive investment with significant potential for future growth. The provided financial information is for illustrative purposes only and should be independently verified. The property is offered at $1,090,000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $945,216
    Hospitality
    $865,813
    Educational
    $720,346
    Medical
    $745,120
    Retail
    $1,120,538
2351 San Pablo Ave, Berkeley, California
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Location Insight

City
Berkeley
County
Alameda
State
California
Latitude
37.8638
Longitude
-122.29
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,370
$238,528
$468,537
$707,065
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