$4,950,000
For Sale

2980 College Ave

Berkeley, CA 94705
Listing OfficeThe Pinza Group, Inc
Browse 60 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Showing Friday 1/31 from 10am-12pm only! 2980college.com; The Pinza Group is pleased to present Elmwood Village at 2980 College Ave in Berkeley, CA, featuring a condominium structure with thirteen (13) well-maintained units comprising six (6) commercial units and seven (7) residential units. The residential units consist of one 3bd/2bth unit, two (2) 2bd/2bth units, two (2) 1bd/1bth units, and two (2) studio apartments. Tenants are responsible for gas and electricity, which keeps owner expenses low. The property is in excellent condition with no issues reported. Residential units boast amenities including washer/dryer in-unit, air conditioning, heating, cable readiness, dishwasher, disposal, stainless steel appliances, microwave, refrigerator, carpet, tile floors, vinyl flooring, walk-in closets, and large bedrooms. The property is fully occupied by stable tenants, most of whom are paying near market-rate rents, presenting an extremely rare opportunity to acquire a fully turnkey asset in one of the Bay Area's hottest rental markets. Contact agent on property website for more info.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Original List Price$4,950,000
      • MLS #41084066
      • MLS #41084066
      • CountyAlameda
      • Cost4950000
      • Acres0.1649
      • Utility SourceOther
      • Year Built1983

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group

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Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
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$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$37,518.31
Loan Amount
$4,455,000.00