1917 Sixth St
Property Description
1917 Sixth St is a stunning 12-unit apartment community located in the thriving city of Berkeley, California. Situated on a parcel of land totaling 11,600 square feet, the subject property was originally constructed in 1964 and has a gross building area of 8,184 square feet offering its tenants beautifully designed two-bedroom Foor 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, 1917 Sixth St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Multifamily type: | Apartments |
| Price: | $3,240,000 |
| No. of Units: | 12 |
| Year Built: | 1964 |
| Building Size: | 8,184 Sq ft |
| Lot Size: | 11,600.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $270,000 |
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