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Listed by Grant Chappell • NAI Northern California
$ 3,290,000
Est. payment | /mo
4,349 SqFt
$ 3,290,000
Est. payment | /mo
4,349 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,349 sqft
Price per Sqft $756
Subdivision Berkeley
MLS Listing ID 41130805
HOA Y/N No
Year Built 1913
Lot Size 6,436 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
We are pleased to present 1734 Spruce, a 7-unit turnkey multifamily property located one block from UC Berkeley. The unit mix consists of one studio, two 1-bed 1-bath, three 2-bed 1-bath and one spacious 3-bed 2-bath unit. Recent upgrades include installation of a fire sprinkler system, on demand water heaters, roof replacement, exterior paint, voluntary seismic and electrical / plumbing updating. With a large lot, this property is a prime candidate for ADU construction in the rear of the property. Given all of the recent upgrades and lot size, this is truly a unique asset with development potential. 1734 Spruce Street is located in the highly sought area of Normandy Village in North Berkeley. The property is walking from the North side of UC Berkeley's campus, and a 10 minute walk or less to North Berkeley Bart, multiple grocery stores, and parks. In addition, there are a variety of restaurants within walking distance of the property, from the highly acclaimed Chez Panisse to a local favorite, Saul's Delicatessen. Due to the A+ location the property will remain in high demand from high paying tenants including students and young professionals.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling None
Flooring Hardwood
Fireplace No
Appliance Tankless Water Heater
Building
Lot Description Level
Water Water District
Others
Special Listing Condition Standard
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