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Listed by Eymon Binesh • Marcus & Millichap
$3,840,000
Est. payment /mo
9,282 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,282 sqft
Price per Sqft $413
MLS Listing ID ML82035321
HOA Y/N No
Year Built 1938
Lot Size 8,075 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Marcus & Millichap is pleased to present 1526 Arch Street, a 10-unit apartment community in the highly sought-after North Berkeley neighborhood. Built in 1938, the property features a well-balanced unit mix of one studio, five one-bedroom units, three two-bedroom units, and one three-bedroom unit. Currently operating with three vacant units, the asset offers immediate value-add potential through renovations and lease up to market rents. Amenities include four garage spaces, six covered carports, and on-site laundry. With its classic 1930s character and strong fundamentals, 1526 Arch Street presents a rare opportunity to acquire a value-add asset just a 10-minute walk from UC Berkeley.
Location
State CA
County Alameda
Interior
Heating Electric
Cooling None
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
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