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1734 Spruce St
Berkeley, CA 94709 North Berkeley

$3,090,000 USD

Apartments For Sale  •  4,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,400 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1913
80 Transit Score
70 Walk Score

Highlights

7-unit turnkey multifamily just one block from UC Berkeley
5.24% cap rate | 12.24 GRM with strong in-place income
Over $900,000 in capital improvements with 5 fully renovated units
ADU development potential on large lot for additional upside
Prime Berkeley location with strong student and professional rental demand
Minimal deferred maintenance and stable long-term asset

Property Flyers

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Berkeley Amtrak (Capitol Corridor - Amtrak) 8 min - 2.8 mi
Emeryville (Capitol Corridor - Capitol Corridor Joint Powers Authority) 11 min - 3.5 mi
Transit/SubwayDriveWalkDistance
Downtown Berkeley (Berryessa/North San Jose to Richmond - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART), Richmond to Berryessa/North San Jose - Bay Area Rapid Transit (BART), Richmond to SFO/Millbrae - Bay Area Rapid Transit (BART)) 2 min 11 min 0.6 mi
North Berkeley (Berryessa/North San Jose to Richmond - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART), Richmond to Berryessa/North San Jose - Bay Area Rapid Transit (BART), Richmond to SFO/Millbrae - Bay Area Rapid Transit (BART)) 4 min 20 min 1.1 mi
AirportDriveWalkDistance
Metro Oakland International 27 min - 14.8 mi
San Francisco International 42 min - 25.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Covered
Included in Rent: Yes
Grant Chappell 510-336-4721 NAI Northern California
Grant Chappell 510-336-4721 NAI Northern California