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1720 Hearst Ave
Berkeley, CA 94703 Downtown Berkeley

$2,200,000 USD

Apartments For Sale  •  4,974 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,154 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 4.70 %
  • Zoning R-2A
70 Transit Score
70 Walk Score

Highlights

First time on the market in over 40-years
Excellent condition
Walkers Dream! 2-blocks to Trader Joes, across from Ohlone Park, 3-blocks to BART, 5-blocks to Berkeley High School and City Hall
Offers reviewed on WEDNESDAY, April 29th at 3pm
Always easy to rent - current average is $2,289 per month - market rents are around $2,600 per month
See Proforma for additional info ... 4.7% Cap-Rate at current rents ... 5.7% Cap-Rate at market rents

Property Flyers

Cap Rate: 4.70 %

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.0 mi
9 min - 3.4 mi
Transit/SubwayDriveWalkDistance
North Berkeley Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART)) 2 min 9 min 0.4 mi
Downtown Berkeley Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Metro Oakland International 27 min - 15.0 mi
San Francisco International 40 min - 24.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Kevin O'Brien 925-595-0422 Re/Max Accord
Kevin O'Brien 925-595-0422 Re/Max Accord