Multifamily
1327 Ashby Ave
1327 Ashby Ave, Berkeley, CA 94702
Listing Price: $2,028,000
Investment Overview
1327 Ashby Ave is a stunning 8-unit apartment complex located in the thriving city of Berkeley, California.
Situated on a 7,400 square foot parcel of land, the subject property was originally constructed in 1961 and has a gross building area of approximately 6,576 square feet, offering its tenants 100% beautifully designed two-bedroom floor plans.
The subject property is located within close proximity to the University of California, Berkeley and Downtown Berkeley's Shattuck Ave, home to a myriad of shopping, dining, and entertainment options. UC Berkeley is an internationally recognized University and prides itself on being the number one public university in the nation and the fourth best globally.
Berkeley is a major transportation hub with several Bay Area rapid transit system (BART) stops and is intersected by several interstate freeways. Residents in Berkeley have convenient commuting options to San Francisco and the greater Bay Area providing close proximity to many of the nation's top tech employers including Google, Apple, Facebook, IBM, LinkedIn, Microsoft, Intel, Adobe Systems, Cisco Systems, Yahoo, as well as many others.
The investment appeal of this asset is driven by Berkeley’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of East Bay, 1327 Ashby Ave presents an attractive choice for renters due to close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
1327 Ashby Ave
Investment Highlights
- Exceptional Berkeley Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in the East Bay.
- Convenient Unit Amenities - The subject property features convenient community amenities including private covered parking, in-unit washers and dryers in select units, and an on-site laundry facility.
- Extensive Capital Improvements - extensive capital improvements including a new roof installation in 2021, complete interior renovations ins select units, new windows, and replaced main sewer pipe.
- Excellent Neighborhood - South Berkeley is a diverse, lively neighborhood known for its cultural history, community spirit, and artistic air. With easy BART access, local markets, murals, and parks, it blends historic roots with a vibrant, evolving energy.
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Investment Highlights
- Exceptional Berkeley Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in the East Bay.
- Convenient Unit Amenities - The subject property features convenient community amenities including private covered parking, in-unit washers and dryers in select units, and an on-site laundry facility.
- Extensive Capital Improvements - extensive capital improvements including a new roof installation in 2021, complete interior renovations ins select units, new windows, and replaced main sewer pipe.
- Excellent Neighborhood - South Berkeley is a diverse, lively neighborhood known for its cultural history, community spirit, and artistic air. With easy BART access, local markets, murals, and parks, it blends historic roots with a vibrant, evolving energy.
Investment Overview
1327 Ashby Ave is a stunning 8-unit apartment complex located in the thriving city of Berkeley, California. Situated on a 7,400 square foot parcel of land, the subject property was originally constructed in 1961 and has a gross building area of approximately 6,576 square feet, offering its tenants 100% beautifully designed two-bedroom floor plans. The subject property is located within close proximity to the University of California, Berkeley and Downtown Berkeley's Shattuck Ave, home to a myriad of shopping, dining, and entertainment options. UC Berkeley is an internationally recognized University and prides itself on being the number one public university in the nation and the fourth best globally. Berkeley is a major transportation hub with several Bay Area rapid transit system (BART) stops and is intersected by several interstate freeways. Residents in Berkeley have convenient commuting options to San Francisco and the greater Bay Area providing close proximity to many of the nation's top tech employers including Google, Apple, Facebook, IBM, LinkedIn, Microsoft, Intel, Adobe Systems, Cisco Systems, Yahoo, as well as many others. The investment appeal of this asset is driven by Berkeley’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of East Bay, 1327 Ashby Ave presents an attractive choice for renters due to close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Exclusively Listed By
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