2338 Blake Street

Berkeley, CA 94704

$3,500,000
Price
Beds
7,752 Sq. Ft.
$451 / Sq. Ft.
7,752
Sq. Ft.
$451
per Sq. Ft.

Description

Introducing a unique opportunity to own a 12-unit apartment complex, each featuring 1 bedroom and 1 bath, plus an unfinished top unit suite with 2 bedrooms and 1 bath. Located just steps from UC Berkeley and only two blocks from the lively Telegraph Avenue, this property is perfectly positioned to attract tenants seeking convenience and a vibrant community. The complex offers excellent walkability, with easy access to campus, diverse dining options, unique shops, and cultural attractions. This property...Introducing a unique opportunity to own a 12-unit apartment complex, each featuring 1 bedroom and 1 bath, plus an unfinished top unit suite with 2 bedrooms and 1 bath. Located just steps from UC Berkeley and only two blocks from the lively Telegraph Avenue, this property is perfectly positioned to attract tenants seeking convenience and a vibrant community. The complex offers excellent walkability, with easy access to campus, diverse dining options, unique shops, and cultural attractions. This property is ideal for investors looking to expand their portfolio in a highly desirable area. Don’t miss this chance to secure a rare property in the heart of South Berkeley. Buyers/ Investors are encouraged to verify the total square footage and lot size through public records for accuracy. All available reports on the property, including inspections, assessments, and permits, have been completed and are ready for review upon request. This is a unique investment opportunity with expansion potential—schedule a showing to explore all possibilities.
  1. Listed by Angie Williams • DRE #01252913 • Wells & Bennett REALTORS

Property Details for 2338 Blake Street

City
BERKELEY
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Assigned Spaces, Parking Area
Total # Parking Spaces
8
LISTING UPDATED: 11/08/2024 12:21 AM

Property Details for 2338 Blake Street

StatusActive
MLS #41078037
Days on Compass17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1948
Lot Size0.15 AC / 6,740 SF
CountyAlameda County

Building Information for 2338 Blake Street

Stories-Residences12Year Built1948Building Size-Lot Size0.15 AC / 6,740 SF

Property Information for 2338 Blake Street

Features
Feature Details
  • Flooring: Hardwood Floors, Tile, Carpet
  • Laundry: Coin Operated, In Basement, Laundry Equip - Leased
Utility Details
  • Cooling: None
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Fire Alarm System, Water Heater Gas, Carbon Mon Detector, Smoke Detector, All Public Utilities, Cable Connected, Internet Available, Individual Electric Meter, Master Electric Meter, Master Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Other
  • Lot Sq Ft Apx: 6740
  • Lot Size Square Feet: 6740.0
  • Roof: Rolled Composition, Flat
  • Sq Ft Apx: 7752
  • Year Built: 1948
Location Details
  • Directions to Property: Telegraph to Blake Street
  • FIPS Code: 06001
  • Census Tract: Public_A
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 12
  • Basement: Other
  • Tenant Pays: Cable TV, Electric, Gas, Insurance, Parking
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 12
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 Dining Room: No
  • 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: 530
  • Unit # 1 Rent: 2000
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 6740
  • On Site Parking Description: Parking Area, Spaces - Assigned, No Garage, On Street
  • Tot Ann Oper Exp: 9999.0
  • Total Deposits: 99999
Income / Expense Details
  • Annual Insurance Expense: $9,999
  • Annual License Expense: $9,999
  • Annual Mgmt Expense: $0
  • Annual Util Expense: $9,999
  • Gross Income: $99,999
  • Net Operating Income: $9,999
Other Financial Information
  • Cap Rate: 9999
  • Existing Loan: Fixed
  • Ocpnt Req 24 Hr: Yes
  • Other Loans: No
Additional Information
Additional Information
  • Fireplace: No

Property History for 2338 Blake 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 2338 Blake Street

Taxable ValueLand$766,697Additions$1,340,300Total$2,106,997
Tax Record2024$39,562 ($3,297 / month)
Home Facts
Total Finished SqFt7,752 SqFtAbove Grade Finished SqFt7,752 SqFtStories3Lot Size6,740 SqFtStyleMulti-Family Res (5+ Units)Year Built1948CountyALAMEDAAPN55-1832-7-2

Schools near 2338 Blake 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 - 6 to 8
Rating
School
Distance
John Muir Elementary School
PublicK to 5

Malcolm X Elementary School
PublicK to 5

Emerson Elementary School
PublicK to 5

Willard Middle School
Public6 to 8

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.

Similar Homes

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2338 Blake Street is a multi-family home for sale in Berkeley, CA 94704. This property was listed for sale on November 1, 2024 by Wells & Bennett REALTORS, it's currently listed at $3,500,000. It has been on the market for a total of 17 days and was last sold on March 14, 2003. This listing's school district is Berkeley Unified School District. Nearby schools include John Muir Elementary School, Malcolm X Elementary School and Emerson Elementary School. 2338 Blake Street is a 0-bed, 0-bath, 7,752 sqft multi-family home built in 1948.

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 Wells & Bennett REALTORS, Angie Williams, DRE #01252913

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.