$1,995,000

Multi Family In Berkeley

  • 5,000 Sqft
  • 5,760 Sqft lot
  • Updated: Yesterday
  • Source:
    bridgeMLS  MLS#ML82056468

About the Property

Chateau Shattuck is a rare 8-unit apartment community just steps away from UC Berkeley. This Victorian-style building offers a desirable unit mix of (5) studios, (2) 1 Bed 1 Bath, and (1) 3-bed 1 Bath unit. Strong, stable rental income $146,000 gross annual income and $98,000 NOI, reflecting a 4.6% cap rate at the current offering. Individually metered gas and electric by unit, on-site laundry fac
Chateau Shattuck is a rare 8-unit apartment community just steps away from UC Berkeley. This Victorian-style building offers a desirable unit mix of (5) studios, (2) 1 Bed 1 Bath, and (1) 3-bed 1 Bath unit. Strong, stable rental income $146,000 gross annual income and $98,000 NOI, reflecting a 4.6% cap rate at the current offering. Individually metered gas and electric by unit, on-site laundry facilities, parking lot in back and upside potential through unit-level renovations, rent optimization and ADU potential. An excellent addition to any multifamily portfolio in one of the East Bay’s most enduring rental markets.
  • Property type

    Other

  • Year built

    1896

  • Price/sqft

    $399

Features

  • Terrace
  • Walk In Closet
  • Equestrian
  • City View
  • Gate
  • Balcony
  • Parking
  • Stone Countertops
  • Bar
Features

Lot

Indoor

  • Bar
  • Laundry Room
  • Stone Countertops
  • Walk In Closet

Outdoor

  • Terrace
  • Balcony
  • Parking
  • Gate

Explore the Area

2807 Shattuck Avenue, Alameda, California, United States View on Google Maps
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Luxmore Real Estate

Joined 8 months ago
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Luxmore Real Estate
California, United States
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3
Listings
2025
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Luxmore Real Estate
California, United States
View agency profile
Last updated
Yesterday
First listed
Aug 4
Listing reference
ML82056468
Listing status
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