Tour: 1325-1327 Ashby Ave, Berkeley, CA 94702

$205,000 Price Improvement!
8 Unit Apartment Building
2 BR / 1 BATH each. 10.53 GRM / 7.83% Cap Rate
Prime Berkeley location.

1325-1327 Ashby Ave, Berkeley, CA 94702 ♦ $2,095,000 ♦ info ♦ map
8 Unit Apartment Building 2 BR / 1 BATH each. 6,576 sqft bldg. 7,400 sqft lot.

MLS 41081598 | Listing Provided by Oasis Real Estate

Michael Feiner | CalBRE #00961731

SQ.FT. & ROOM COUNT NOT GUARANTEED OR VERIFIED BY LISTING AGENT OR SELLER. BUYER TO VERIFY SQ.FT. & ROOM COUNT.

1325-1327 Ashby Ave, Berkeley, CA 94702

MLS 41081598 ♦ $2,095,000
8 Unit Apartment Building 2 BR / 1 BATH each. 6,576 sqft bldg. 7,400 sqft lot.

$205,000 PRICE IMPROVEMENT! 1325-1327 Ashby Avenue - First time on the market - EVER! This property is comprised of 8 units in 2 two-story buildings.

1325 has four 2bd/1ba apartments of 694 square feet with on-site shared laundry room.
1327 has four 2bd/1ba apartments of 950 square feet with in-unit washer/dryer (2 units vacant - set your own rental rate! ).

Each unit is individually metered for PGE (gas & electric) and EBMUD (water) making property management a snap. Each unit has a dedicated off-street parking space. Built by the Sellers in 1961, these wood frame with stucco exterior buildings are 6,576 square feet a large 7,400 square foot lot with very low maintenance. Improvements include interior renovations, electric sub-panel upgrades, new roof-gutters-downspouts and new dual pane windows.

Prime location conveniently located near Ashby BART station, easy access to freeway and public transportation, close to Berkeley Bowl, local shops, cafes and parks, minutes to UC Berkeley and downtown. 99 Bikers Paradise Score and 75 Very Walkable Score. Don’t miss out on this investment property with upside potential - stable income, opportunity for rent increases, property appreciation over time. 10.53 GRM / 7.83% Cap Rate.