2351 San Pablo Ave Berkeley, CA 94702
- Commercial real estate
- 3,010 SF
- 0.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2351 San Pablo Ave
- Year built
- 1939
- Construction
- WOOD
- Lot size
- 0.10 lot acres
- Property size
- 3,010 SF
- Property type
- 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.29
- Latitude
- 37.8638
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA