Pending
2711 Shattuck Avenue
Berkeley CA, 94705
$5,270,000
$504.26 per sqft
Pending
1 Bath
10,451 sqft
Multi-family
Built in 2018
2711 Shattuck Ave is a newly constructed (built in 2018), 4-story apartment building featuring 22 fully furnished studio units on Shattuck Ave in South Berkeley. This prime location is just steps from UC Berkeley, Downtown Berkeley, and the Southside Neighborhood. The building showcases cutting-edge prefabricated modular steel construction, offering a unique chance to acquire a modern property at an attractive basis under $240,000 per unit. There is assumable debt available with a 3.93% 5-year fixed interest rate at ~60% loan-to-value ratio amortized over 30 years making the cash-on-cash return of this newly constructed investment property roughly 5%. The unit's size range from 306-327 SF and feature 9 ft ceilings, operable oversized floor-to-ceiling dual pane windows with custom blackout fabric roller shades and individually controlled & metered AC/Heat mini split units. The modern interior finishes include a custom murphy bed that doubles as a sofa, custom cabinetry, stone counter tops, stainless-steel Energy Star appliances, oversized showers with subway tile surrounds & glass swinging doors, full-width vanities with quartz counter tops and porcelain tile flooring. The units are individually metered for electric and submetered for water.
424078872
MLSⓇ ID
November 7, 2024
Listed
November 18, 2024
Updated
Map
2711 Shattuck Avenue
Berkeley CA, 94705
Interior Features
Total Stories
4
Total Bathrooms
1
Full Bathrooms
1
Interior Features
Formal Entry
Appliances
Dishwasher, Electric Cooktop, Free-Standing Refrigerator, Microwave
Laundry Description
Coin Operated, Common Area
Floor Description
Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Individual, See Remarks
Heating
Yes
Heating Description
Individual, See Remarks
Exterior/Building Features
Lot Size
0.12 Acres
Exterior Features
Yard Space
Lot Features
Curbs/Gutters, Sidewalk
Roof
Flat
Sewer
Public Sewer
Other Property Details
Area Name
Berkeley Map Area 9
Days on Market
9
Garage
No
Parking
Off Street
Parking Total
1
View
No
County
Alameda
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/18/2024 | Pending | — |
Listed by Keith Manson with CBRE
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 11/18/2024.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Analise Smith-Hinkley | CA DRE 02114716 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 9:20 PM UTC, 11/18/2024