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27165617
27165553

1919 Curtis, Berkeley, CA 94704 For Sale

Baniqued Commercial Real Estate
Listed by Baniqued Commercial Real Estate
$3,100,000
300 days on market
Updated 83 days ago

1919 Curtis St , Berkeley, CA 94702

Details
Property Type Multifamily
Sub Type Apartment Building, Mid-Rise
Square Footage 7,364
Net Rentable (SqFt) 7,364
Units 10
Cap Rate 4.52%
NOI $140,061
Occupancy 100%
Pro-Forma Cap Rate 5.11%
Pro-Forma NOI $158,459
Price per SqFt $421
Class B
Year Built 1949
Buildings 1
Stories 3
Lot Size (SqFt) 5,227
Zoning R-4
Parking Spaces 4 spaces
Parking per 1,000 SqFt 0.54

Multifamily | 10 Units | $310,000/unit

Marketing description

Presenting 1919 Curtis Street, a prime multifamily investment opportunity in Berkeley. This 10-unit property, built in 1949, spans 7,364 square feet and is situated on a 5,227-square-foot lot. Located on the north side of University Avenue between San Pablo Avenue and Chestnut Street, it is approximately one mile from the North Berkeley BART station, offering convenient access to public transportation. The neighborhood boasts a variety of Berkeley's top-rated restaurants and shops, all within a short walk from the property. Due to its prime location and well-maintained building, the units continue to attract high demand from top-paying tenants.

Located on the north side of University Avenue between San Pablo Avenue and Chestnut Street, 1919 Curtis Street is approximately one mile from the North Berkeley BART station. The area offers a variety of Berkeley's top-rated restaurants and shops, all within a short walk from the property. Due to its prime location and well-maintained building, the units continue to attract high demand from top-paying tenants. nainorcal.com

Recent neighborhood additions include Cholita Linda, a festive Latin American eatery that opened in downtown Berkeley in August 2024, and Oh G Burger, known for its bulgogi burgers, which expanded to Berkeley in December 2024. Chimmelier, a renowned Korean fried chicken brand from Los Angeles, also opened a permanent location in Berkeley on December 30, 2024. Additionally, Rose Pizzeria, hailed by The New York Times as one of the best pizzerias in the country, has been serving thin-crust pies since 2021 and continues to be a local favorite.

These establishments enhance the vibrant culinary scene surrounding 1919 Curtis Street, making it an even more desirable place to live.

Listing Contacts

Baniqued Commercial Real Estate
Listed by Baniqued Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$140,061.00
$11,671.75/mo

Valuation Metrics

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DSCR
4.52%
Cap Rate
4.52%
ROI

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