Listed by NAI Northern California - HQ, NAI Northern California
$3,090,000
1734 Spruce Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,349
Units 7
Cap Rate 5.24%
NOI $161,988
Tenancy Multi
Price per SqFt $711
Class A
Year Built 1913
Lot Size (SqFt) 6,534
Multifamily | 5.24% CAP | 7 Units
Marketing description
NAI Northern California is pleased to present 1734 Spruce Street, a rare opportunity to own 7 units one block from UC Berkeley's northern border. This truly turn-key asset has had over $900,000 invested into the property with little deferred maintenance. The large lot provides a wealth of opportunity including potential for ADUs. Five of seven units are fully renovated, and the property features a 400 AMP electrical upgrade and fire sprinkler system.
Investment highlights
- Rare opportunity to own 7-units one block from UC Berkeley's northern border
- Over $900,000 invested into the property
- Truly turn-key asset with little deferred maintenance
- Large lot with a wealth of opportunity including ADU's
- Five of seven units fully renovated
- 400 AMP electrical upgrade
- Fire sprinkler system
Listing Contacts
Listed by NAI Northern California - HQ, NAI Northern California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$161,988.00
$13,499.00/mo
Valuation Metrics
0
DSCR
5.24%
Cap Rate
5.24%
ROI
Map
Zoning
R-3H OverlayMultiple Family Residential Hillside Overlay
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View all 54 uses Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics
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