10-Units | North Berkeley

Nestled within the vibrant city of Berkeley, North Berkeley stands out as an exceptional investment opportunity for real estate investors seeking prime apartment buildings. Renowned for its distinctive blend of urban sophistication and cultural richness, North Berkeley offers a unique living experience that attracts a diverse and dynamic tenant base. The neighborhood is characterized by tree-lined streets, historic architecture, and a strong sense of community, creating an ideal setting for long-term tenant satisfaction and retention. One of North Berkeley's key attractions for real estate investors is its proximity to world-class educational institutions, including the prestigious University of California, Berkeley. This ensures a steady demand for rental properties from students, faculty, and professionals alike. The neighborhood's accessibility to public transportation and major highways enhances its appeal, making it convenient for residents to commute to downtown San Francisco and other Bay Area hubs. Investors can capitalize on the robust demand for housing in this sought-after location, with the potential for strong rental yields and property appreciation. In addition to its strategic location, North Berkeley boasts a thriving cultural scene with eclectic shops, gourmet dining options, and artistic venues. The neighborhood's commitment to sustainability and green living aligns with the preferences of the modern tenant, further enhancing the marketability of investment properties. With a blend of historical charm and contemporary conveniences, North Berkeley positions itself as an enticing prospect for real estate investors looking to capitalize on the steady demand for quality apartment living in the heart of the Bay Area. Scores Walk Score - 98 Transit Score - 69 Bike Score - 921722 Walnut St is a rare opportunity to acquire an apartment building in North Berkeley consisting of ten 1 bed, 1 bath units. The building is currently fully leased as furnished rentals, providing a strong in-place income stream, with all furniture included in the sale. Located just steps from UC Berkeley, the property offers a highly desirable location in one of the nation’s top academic and cultural hubs. The property offers a flexible investment strategy for the next owner. As units become vacant, there is the option to renovate and lease at market rates or continue the existing furnished rental model for maximum returns. Four of the units already feature upgraded, open-concept kitchens, enhancing tenant satisfaction, while all units retain beautiful original hardwood floors, lending charm and character. Additionally, the building includes convenient on-site coin-operated laundry facilities and a sunny shared backyard for tenants to enjoy. Meticulously maintained by the same owner for 37 years, the building is in excellent condition. With its unbeatable location near UC Berkeley, steady rental income, and the potential to add value through renovations, this property presents a prime investment opportunity in one of Berkeley’s most sought-after neighborhoods.