2227 Bonar, Berkeley, CA 94702

About this property

The 2227 Bonar Street Apartments offer investors the opportunity to acquire a well-maintained, well-situated property with little deferred maintenance and significant upside of NOI in a central Berkeley location. Recent changes to State zoning laws also may allow for the addition of two ADU units in the rear parking area. Located a half mile from North Berkeley BART and just over a mile from I-80, Hwy 24/I-980, I-580 & I-880, the property will attract students and young professionals alike. The subject property offers investors a well-maintained turn-key asset with significant rental upside and a value-add component.

Listing description from the April 2022 sale, as reported to CRMLS.

Sale history

$3,225,000

Sold April 2022 · listed $3,250,000, on market February 2022 · MLS #40979672 · Source: CRMLS

Listing Agent: Nathaniel Reinke · Listing Office: KW Advisors · Contact: 510-775-1079 · Bought with: Davide Pio · BCRE

$1,675,000

Sold July 2015 · listed $1,750,000, orig. $1,849,000, on market March 2015 · MLS #40691424 · Source: CRMLS

Listing Agent: Bob Baptiste · Listing Office: Re/Max Accord · Contact: 925-242-9000 · Bought with: Nicholas French · Sereno Group

Explore Berkeley