1614 63Rd St Berkeley, CA 94703
- Commercial real estate
- 2,700 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1614 63Rd St
- Year built
- 1966
- Property size
- 2,700 SF
- Property type
- Commercial real estate
- APN
- 052-1523-021
Description
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 1614 63rd Street, Berkeley, CA 94703. The property, built in 1966, boasts a total of 2,700 square feet on a 5,060 square foot lot, featuring four units, each with two bedrooms and one bathroom. One unit has undergone a complete renovation, including new flooring, cabinetry, heating/cooling system, and appliances. Recent improvements include a new rainwater drainage system, a compliant sewer connection, fresh exterior paint, and a resurfaced parking lot providing four off-street parking spaces for tenants. The backyard features low-maintenance landscaping. Conveniently situated near Interstate 880, Highway 24, and BART, this property offers easy access to commuting options. Its proximity to Berkeley's vibrant shopping, dining, and UC Berkeley further enhances its appeal to tenants. The Alameda County property (APN: 052-1523-021) is a two-story building and represents a rare opportunity to acquire a high-demand, income-producing asset in a desirable Berkeley neighborhood. The asking price is $1,440,000.
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
- -122.2748456
- Latitude
- 37.847088
