About 2807 Shattuck Ave
Chateau Shattuck is a rare 8-unit apartment community just steps away from UC Berkeley. This Victorian-style building offers a desirable unit mix of (5) studios, (2) 1 Bed 1 Bath, and (1) 3-bed 1 Bath unit. Strong, stable rental income $146,000 gross annual income and $98,000 NOI, reflecting a 4.6% cap rate at the current offering. Individually metered gas and electric by unit, on-site laundry facilities, parking lot in back and upside potential through unit-level renovations, rent optimization and ADU potential. An excellent addition to any multifamily portfolio in one of the East Bay's most enduring rental markets.
Features of 2807 Shattuck Ave
| MLS® # | ML82056468 |
|---|---|
| Price | $1,995,000 |
| Square Footage | 5,000 |
| Acres | 0.13 |
| Year Built | 1896 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 2807 Shattuck Ave |
|---|---|
| Area | Berkeley Map Area 5 |
| City | BERKELEY |
| County | Alameda |
| State | CA |
| Zip Code | 94705 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Parking Spaces | 6 |
| Garages | Common Parking Area |
| View | Downtown, Hills |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Ceiling Fan |
| Fireplace | No |
Exterior
| Windows | Ceiling Insulation, Double Pane Windows, Skylight |
|---|---|
| Roof | Shingle |
| Construction | Wood Frame |
| Foundation | Concrete Perimeter, Wood Frame |
Additional Information
| Zoning | R3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Travis Raciti |
|---|---|
| Office | Luxmore Real Estate |
| Contact Info | 925-899-3985 |