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Listed by Julien Goavec Clearpoint Brokerage Corporation
$ 995,000
Est. payment /mo
New
1535 Julia ST Berkeley, CA 94703
8 Beds
6 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $284
MLS Listing ID 426176124
Bedrooms 8
Full Baths 6
HOA Y/N No
Year Built 1935
Lot Size 4,480 Sqft
Acres 0.1028
Property Sub-Type Multi Family
Property Description
Disclosures Available: https://hlm.homelight.com/link/1535-Julia-Street-le9rzu33 1535 Julia Street presents a rare opportunity to acquire a 100% occupied, five-unit multifamily property in one of the East Bay's most coveted and supply-constrained rental markets. The property offers an exceptional unit mix (3) one-bedroom, (1) two-bedroom, and (1) three-bedroom/two-bath units delivering immediate, diversified cash flow from day one while appealing to a broad spectrum of renters. With updated interiors and modern finishes throughout, the asset is well-positioned to command premium rents as units turn. The building has an estimated 35% rental upside on the horizon a compelling value-add runway that sets this offering apart. Ideally situated minutes from Ashby BART Station, residents enjoy direct, seamless access to Oakland and San Francisco, making this a premier transit-oriented location that consistently drives leasing demand. The surrounding neighborhood offers strong walkability, robust bike infrastructure, and proximity to Berkeley's vibrant retail and dining scene exactly the lifestyle amenities today's renters prioritize. Separately metered gas, electric, and water utilities shift costs to tenants and protect the investor's bottom line.
Location
State CA
County Alameda
Area Berkeley Map Area 8
Interior
Interior Features Storage
Heating Central
Cooling None
Flooring Luxury Vinyl Plank
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 5
Building
Lot Description None
Story 2
Level or Stories Two
New Construction Yes
Others
Tax ID 053161000600
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