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Listed by Jatin Mehta • Kite Hill Real Estate
$2,075,000
Est. payment /mo
7 Beds
5 Baths
3,902 SqFt
Open Sat 2PM-4PM
2714 Alcat Ave Berkeley, CA 94705
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Open House
Sat Sep 06, 2:00pm - 4:00pm
Sun Sep 07, 2:00pm - 4:00pm
Sat Sep 13, 12:00pm - 2:00pm
Sun Sep 14, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,902 sqft
Price per Sqft $531
MLS Listing ID EB41110131
Bedrooms 7
Year Built 1915
Lot Size 5,900 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
Property Description
To access marketing package copy/paste: https://bit.ly/kitehillre. 2714 Alcatraz Ave offers a diverse and flexible unit mix, including a studio, two one-bedroom units, a two-bedroom/1.5-bath unit, and a three-bedroom/two-bath unit. With three of the units and a basement space delivered vacant, the building provides an exceptional opportunity for both investors and owner-occupiers. Investors have the ability to set market rents and hand-pick tenants, while an owner-occupant can enjoy immediate income support from the leased units. Fully occupied, the property is projected to generate over $14,223 per month in gross rental income, making it a strong long-term investment with stable cash flow potential. 2714 Alcatraz Ave is designed for tenant convenience and long-term retention. Each unit is separately metered for gas and electricity, keeping operating costs low and simplifying management. Tenants also benefit from onsite amenities including a coin-operated laundry facility, 2-3 off-street parking spaces, and a shared backyard-an attractive feature that enhances livability and overall appeal. With multiple value-add options available, the property provides a range of opportunities to reconfigure, expand, or further improve income potential.
Location
State CA
County Alameda
Area Berkeley Map Area 10
Interior
Heating Gas
Cooling Other
Flooring Wood
Laundry Coin Operated
Exterior
Exterior Feature Stucco
Parking Features Tandem Parking
Garage Spaces 2.0
Building
Lot Description Regular
Sewer Sewer - Public
Others
Tax ID 521-563-179
Special Listing Condition New, Not Applicable
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