2807 Shattuck AVE, Berkeley, CA 94705
- $1,995,000
- 5,000
- SqFt
Listed by Travis Raciti, 925-899-3985 from Luxmore Real Estate
(If provided) CoList: from
- List Price
- $1,995,000
- MLS#
- ML82056468
- Status
- ACTIVE
- Sqft. of Residence
- 5,000
- Lot Size
- 5,760
- Listing Area
- Berkeley Map Area 5
- Year Built
- 1896
Property Description
Chateau Shattuck is a rare 8-unit apartment community just steps away from UC Berkeley. This Victorian-style building offers a desirable unit mix of (5) studios, (2) 1 Bed 1 Bath, and (1) 3-bed 1 Bath unit. Strong, stable rental income $146,000 gross annual income and $98,000 NOI, reflecting a 4.6% cap rate at the current offering. Individually metered gas and electric by unit, on-site laundry facilities, parking lot in back and upside potential through unit-level renovations, rent optimization and ADU potential. An excellent addition to any multifamily portfolio in one of the East Bay's most enduring rental markets.
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Additional Information
- Building Name
- Chateau Shattuck
- Cooling System
- Ceiling Fan
- Days On Market
- Unknown
- Energy Features
- Ceiling Insulation, Double Pane Windows, Skylight
- Foundation
- Concrete Perimeter, Wood Frame
- Garage Parking
- Common Parking Area
- Heating System
- Wall Furnace
- Living Area
- 5,000
- Lot Size
- 5,760
- Neighborhood
- Berkeley Map Area 5
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Shingle
- Sewer
- Sewer - Public
- Style
- Victorian
- Unincorporated Yn
- Yes
- View
- Downtown, Hills
- Zoning
- R3
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