Residential Income - 1734 Spruce St, Berkeley, CA

Description

We are pleased to present 1734 Spruce, a 7-unit turnkey multifamily property located one block from UC Berkeley. The unit mix consists of one studio, two 1-bed 1-bath, three 2-bed 1-bath and one spacious 3-bed 2-bath unit. Recent upgrades include installation of a fire sprinkler system, on demand water heaters, roof replacement, exterior paint, voluntary seismic and electrical / plumbing updating. With a large lot, this property is a prime candidate for ADU construction in the rear of the property. Given all of the recent upgrades and lot size, this is truly a unique asset with development potential. 1734 Spruce Street is located in the highly sought area of Normandy Village in North Berkeley. The property is walking from the North side of UC Berkeley's campus, and a 10 minute walk or less to North Berkeley Bart, multiple grocery stores, and parks. In addition, there are a variety of restaurants within walking distance of the property, from the highly acclaimed Chez Panisse to a local favorite, Saul's Delicatessen. Due to the A+ location the property will remain in high demand from high paying tenants including students and young professionals.

Property details

Location

1734 Spruce St • Berkeley, CA 94709

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Listed by

Grant Chappell · NAI Northern California