2711 Shattuck Avenue
$5,270,000
—
1
10,451
10,451
$504
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.
- Listed by Keith Manson • DRE #01490046 • Brokerage DRE #00409987 • CBRE
- Listed by Zachary W Greenwood • DRE #01960296 • Brokerage DRE #00409987 • CBRE
Property Details for 2711 Shattuck Avenue
Parking Features
Off Street
Cross StreetDerby Street
Total Parking Spaces1
LISTING UPDATED: 11/07/2024 03:38 PM
Property Details for 2711 Shattuck Avenue
Status | Active |
---|---|
MLS # | 424078872 |
Days on Compass | 10 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 2018 |
Lot Size | 0.12 AC / 5,323 SF |
County | Alameda County |
Building Information for 2711 Shattuck Avenue
Stories4Residences22Year Built2018Building Size-Lot Size0.12 AC / 5,323 SF
Property Information for 2711 Shattuck Avenue
Property History for 2711 Shattuck Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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