3105 Telegraph AveBERKELEY, CA, 94705

$1,895,000 $/Month

MLS #40847490 Active

0.08 Acres 3,597 SQ. Feet

Cap Rate: 6.05% in Elmwood with Upside! 3105 Telegraph Avenue is a renovated, Craftsman-style apartment building in the charming Elmwood neighborhood. Built in 1918, the building consists of three (3) 2-bed / 1-bath and a large 1-bed / 1-bath unit. Two of the units have been substantially renovated down to the studs, and all of the windows in the building have been replaced. Due to the prime location and unique style, this rare investment opportunity will continue to be in high demand by quality tenants. Boasting of a walking score of 91, the property is a one block walk to Whole Foods and is surrounded by highly rated restaurants, cafes, and shops. The location is rated as a bikers paradise as tenants are able to accomplish daily errands with no need for a car. Tenants will continue to pay premium rents to live in this highly desirable neighborhood.

Open House Information

Essential Information

  • MLS® #40847490
  • Price$1,895,000
  • Square Footage3,597
  • Acres0.08
  • Year Built1918
  • TypeResidential Income
  • Sub-TypeFOURPLEX
  • StatusActive

Interior

  • HeatingOther Heat
  • CoolingOther
  • Has BasementYes
  • BasementOther

Community Information

  • Address3105 Telegraph Ave
  • AreaBerkeley Map Area 9
  • CityBerkeley Real Estate
  • CountyAlameda
  • StateCA
  • Zip Code

Exterior

  • ExteriorOther Skirt
  • Lot DescriptionOther
  • RoofOther

Amenities

  • FeaturesOther
  • ParkingAttached Garage, Other

Additional Information

  • Date ListedDecember 4th, 2018
  • RE / Bank OwnedYes

Listing Details

  • Listing AgentGrant Chappell
  • Listing OfficeJoseph M. Tapia, Broker

Property Location

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BERKELEY, CA

Community Real Estate Details for BERKELEY

Explore BERKELEY, CA

Sweeping westward from the coastal hills down to the San Francisco Bay is what many consider to be one of the most eclectic and interesting communities of the East Bay, Berkeley, California. Famous for its university, free speech, and fascinating architecture, Berkeley is 18 square miles of distinctive neighborhoods, an intriguing assortment of shops and eateries, and a mix of wealthy professionals, aging hippies, and liberal-minded college students.

BERKELEY Real Estate Statistics

  • Total Listings: 81
  • Average price: $1,289,833
  • Highest Price: $6,990,000
  • Lowest Price: $150,000

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