1722 Walnut Street

Berkeley, CA 94709

$3,398,000
Price
Beds
6,020 Sq. Ft.
$564 / Sq. Ft.
6,020
Sq. Ft.
$564
per Sq. Ft.

Description

To access the marketing package copy/paste: https://bit.ly/kitehillre. 1722 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...To access the marketing package copy/paste: https://bit.ly/kitehillre. 1722 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.
  1. Listed by Jatin Mehta • DRE #02045713 • Pellego

Property Details for 1722 Walnut Street

City
BERKELEY
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
No Parking
View
None
Total # Parking Spaces
0
LISTING UPDATED: 10/22/2024 06:21 AM

Property Details for 1722 Walnut Street

StatusActive
MLS #41073505
Days on Compass34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1927
Lot Size0.13 AC / 5,450 SF
CountyAlameda County

Building Information for 1722 Walnut Street

Stories-Residences10Year Built1927Building Size-Lot Size0.13 AC / 5,450 SF

Property Information for 1722 Walnut Street

Features
Feature Details
  • Flooring: Wood
  • Laundry: Coin Operated
Utility Details
  • Cooling: None
  • Heating: Gas
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Property Details
  • Additional Equipment: Carbon Mon Detector, Individual Electric Meter, Individual Gas Meter, Smoke Detector
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Paved, Regular
  • Lot Sq Ft Apx: 5450
  • Lot Size Square Feet: 5450.0
  • Roof: Flat
  • Sq Ft Apx: 6020
  • Year Built: 1927
  • Zoning: R-4
Location Details
  • Directions to Property: Google maps
  • FIPS Code: 06001
  • Census Tract: 94709
  • Parcel Number: 58-2177-6
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 10
  • Basement: None
  • Separate Meters: Electric, Gas
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Income / Expense Details
  • Operating Expenses: Insurance, Maintenance/Repair, Property Tax/Assessments, Utilities
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 10
  • Unit # 1 Air Cond: No
  • Unit # 1 Fireplace: No
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 0
  • Unit # 1 Approx SqFt: 753
  • Unit # 1 Rent: 2755
Building Details
  • Additional Features-Misc: Extra Storage, Wired For Cable TV
  • Apx Lot Acres: 0
  • Inspection Reports Available: Property Inspection, Structural Pest Control
  • Managers Unit: No
  • On Site Parking Description: None
Other Financial Information
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1722 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1722 Walnut Street

Taxable ValueLand$133,982Additions$326,152Total$460,134
Tax Record2023$16,770 ($1,398 / month)
Home Facts
Total Finished SqFt6,020 SqFtAbove Grade Finished SqFt6,020 SqFtStories2Lot Size5,450 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyALAMEDAAPN58-2177-6

Schools near 1722 Walnut Street

This home is within Berkeley Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Washington Elementary School
PublicK to 5

Oxford Elementary School
PublicK to 5

Cragmont Elementary School
PublicK to 5

Berkeley Arts Magnet at Whittier School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1722 Walnut Street is a multi-family home for sale in Berkeley, CA 94709. This property was listed for sale on September 18, 2024 by Pellego, it's currently listed at $3,398,000. This listing's school district is Berkeley Unified School District. Nearby schools include Washington Elementary School, Oxford Elementary School and Cragmont Elementary School. 1722 Walnut Street is a 0-bed, 0-bath, 6,020 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pellego, Jatin Mehta, DRE #02045713

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.