2711 Shattuck Avenue

Berkeley, CA 94705

$5,270,000
Price
Beds
1
Bath
10,451 Sq. Ft.
$504 / Sq. Ft.
10,451
Sq. Ft.
$504
per Sq. Ft.

Description

2711 Shattuck Ave is a newly constructed (built in 2018), 4-story apartment building featuring 22 fully furnished studio units on Shattuck Ave in South Berkeley. This prime location is just steps from UC Berkeley, Downtown Berkeley, and the Southside Neighborhood. The building showcases cutting-edge prefabricated modular steel construction, offering a unique chance to acquire a modern property at an attractive basis under $240,000 per unit. There is assumable debt available with a 3.93% 5-year fixed...2711 Shattuck Ave is a newly constructed (built in 2018), 4-story apartment building featuring 22 fully furnished studio units on Shattuck Ave in South Berkeley. This prime location is just steps from UC Berkeley, Downtown Berkeley, and the Southside Neighborhood. The building showcases cutting-edge prefabricated modular steel construction, offering a unique chance to acquire a modern property at an attractive basis under $240,000 per unit. There is assumable debt available with a 3.93% 5-year fixed interest rate at ~60% loan-to-value ratio amortized over 30 years making the cash-on-cash return of this newly constructed investment property roughly 5%. The unit's size range from 306-327 SF and feature 9 ft ceilings, operable oversized floor-to-ceiling dual pane windows with custom blackout fabric roller shades and individually controlled & metered AC/Heat mini split units. The modern interior finishes include a custom murphy bed that doubles as a sofa, custom cabinetry, stone counter tops, stainless-steel Energy Star appliances, oversized showers with subway tile surrounds & glass swinging doors, full-width vanities with quartz counter tops and porcelain tile flooring. The units are individually metered for electric and submetered for water.
  1. Listed by Keith Manson • DRE #01490046 • Brokerage DRE #00409987 • CBRE
  2. Listed by Zachary W Greenwood • DRE #01960296 • Brokerage DRE #00409987 • CBRE

Property Details for 2711 Shattuck Avenue

Parking Features
Off Street
Cross Street
Derby Street
Total Parking Spaces
1
LISTING UPDATED: 11/07/2024 03:38 PM

Property Details for 2711 Shattuck Avenue

StatusActive
MLS #424078872
Days on Compass10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built2018
Lot Size0.12 AC / 5,323 SF
CountyAlameda County

Building Information for 2711 Shattuck Avenue

Stories4Residences22Year Built2018Building Size-Lot Size0.12 AC / 5,323 SF

Property Information for 2711 Shattuck Avenue

Summary
Location and General Information
  • Area/District: Berkeley Map Area 9
  • Area Short Display: 2309
  • Location Description: Berkeley Map Area 9
Taxes and HOA Information
  • APN: 054-1719-038
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 1.0
  • Parking: Off Street
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Agent-Fill
  • Building Name: Shattuck Studios
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Curbs/Gutters, Sidewalk
Property and Assessments
  • Property Condition: New Construction
  • Possession: Close of Escrow
  • Picture Count: 26
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Disclosures/Documents: Disclosure Package Available
  • Units Furnished: All Units
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Other
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 4
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Modular, See Remarks
  • Foundation: Concrete, Slab
  • Stories: 4
  • Levels: Four
  • Exterior Features: Yard Space
  • Window Features: Dual Pane Full
  • Security Features: Carbon Mon Detector, Fire Alarm, Fire Suppression System, Secured Access, Security Gate, Smoke Detector
  • Roof: Flat
Interior Features
  • Interior Features: Formal Entry
  • Heating: Individual, See Remarks
  • Appliances: Dishwasher, Electric Cook Top, Free Standing Refrigerator, Microwave
  • Laundry Features: Coin Operated, In Common Area
  • Basement: None
  • Cooling: Individual, See Remarks
  • Flooring: Tile, Wood
  • Full Bathrooms: 0
  • # of Rooms: 44
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 10.09
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 51696.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 20
  • # of Studio Units: 22
  • # of Units: 22
  • # Of Units Total: 22
  • # Of Units Vacant: 0
  • # Of Units Leased: 22
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $1,981.00
  • Unit 1 Approx SqFt: 315.0
  • Unit 1 # of Rooms: 0
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • Lease Term: Varies By Unit
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Other

Property History for 2711 Shattuck Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2711 Shattuck Avenue

Taxable ValueLand$2,358,818Additions$7,826,302Total$10,185,120
Tax Record2024$140,287 ($11,691 / month)
Home Facts
Total Finished SqFt10,451 SqFtAbove Grade Finished SqFt10,451 SqFtStories4Lot Size5,324 SqFtStyleMulti-Family Res (5+ Units)Year Built2018CountyALAMEDAAPN54-1719-38

Schools near 2711 Shattuck Avenue

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
Emerson Elementary School
PublicK to 5

John Muir Elementary School
PublicK to 5

Malcolm X 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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2711 Shattuck Avenue is a multi-family home for sale in Berkeley, CA 94705. This property was listed for sale on November 7, 2024 by CBRE, it's currently listed at $5,270,000. It has been on the market for a total of 10 days and was last sold on November 7, 2019. This listing's school district is Berkeley Unified School District. Nearby schools include Emerson Elementary School, John Muir Elementary School and Malcolm X Elementary School. 2711 Shattuck Avenue is a 0-bed, 1-bath, 10,451 sqft multi-family home built in 2018.

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 CBRE, Keith Manson, DRE #01490046; CBRE, Zachary W Greenwood, DRE #01960296

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.