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Scott D. Comstock

scott@homesandwealth.com +1(559) 681-9500

Listed by Adam S. Levin • Marcus & Millichap, DRE#01462752

$ 3,996,000

Est. payment | -/mo

11,480 SqFt

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$ 3,996,000

Est. payment | -/mo

Save

11,480 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,480 sqft

Price per Sqft $348

MLS Listing ID ML82033913

Year Built 1943

Lot Size 0.459 Acres

Property Sub-Type Five or More Units

Property Description

968 Addison St presents a rare opportunity to acquire an 18-unit multifamily asset in the thriving city of Berkeley, California. Situated on just under a half-acre of land, the property features approximately 11,480 square feet of gross building area with well-designed one- and two-bedroom floor plans, complemented by private parking and select units offering in-unit washer/dryers. Located just 1.7 miles from the University of California, Berkeleyranked the number one public university in the nation and fourth globallythe property is also within walking distance of West Berkeleys iconic Fourth Street commercial corridor, home to numerous high-end shops and eateries. Residents enjoy convenient access to San Francisco and the greater Bay Area, with close proximity to many of the nations leading tech employers, including Google, Apple, Meta, IBM, LinkedIn, Microsoft, Intel, Adobe, Cisco, and Yahoo. Driven by Berkeleys strong employment fundamentals and historically low vacancy rates, this world-class East Bay location makes 68 Addison St a highly attractive rental investment due to its proximity to major employers, transportation corridors, and lifestyle amenities.

Location

State CA

County Alameda

Area Berkeley Map Area 6

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Assigned Spaces, On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 056-1971-005-01

Security Features None

Special Listing Condition Not Applicable

NEARBY SCHOOLS & PROPERTIES

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+1(559) 681-9500

scott@homesandwealth.com

Serving ALL of California, United States

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968 Addison ST Berkeley, CA 94710