2110 Ashby Ave
Berkeley, CA 94705
0.12 acres | #41061952
Description
Cap Rates @ 5.49 & GRM @ 9.79%. Welcome to 2110 Ashby Ave, a premier mix-used commercial building located in the heart of Berkeley's Elmwood neighborhood, offering an exceptional investment opportunity with upside, stable income from long-term tenants. In high demand, Ashby Ave is fully occupied, most of the units are well maintained, laundry unit on site, bonus garden areas ensures a high level of tenant satisfaction, seismic upgrades completed, dual pane windows. Additionally, the property includes a bonus detached storage unit, which provides versatile usage options and holds potential for conversion into an ADU. further increasing the property's income-generating capabilities. Conveniently located, near Ashby Bart station, easy access to freeway, close to Berkeley Bowl, Whole Foods, and all the local shops and dining, short ride to UC Berkeley, this prime. location ensures a steady flow of potential tenants and business clients. Investors will appreciate the consistent and reliable rental income, coupled with the opportunity for rent increases and property appreciation over time. Whether you are looking to expand your portfolio or secure a stable income-producing asset, invest in 2110 Ashby Ave, a property that promises stability, potential growth, and an unbeatable location.
Property Details
- Acres0.1194
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1904
Community and Neighborhood Details
- SubdivisionEDGE OF ELMWOOD
Location
- CountyAlameda
Financial Details
- Original List Price$2,555,000
- Taxes Annual$54,674
Other
- MLS #41061952
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Derek Han (#CCBE-206526548)
Listing Office: BHG Reliance Partners (#CCBE-SPRB01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.