Marcus & Millichap is pleased to present 1526 Arch Street, a 10-unit apartment community in the highly sought-after North Berkeley neighborhood. Built in 1938, the property features a well-balanced unit mix of one studio, five one-bedroom units, three two-bedroom units, and one three-bedroom unit. Currently operating with three vacant units,… Read More the asset offers immediate value-add potential through renovations and lease up to market rents. Amenities include four garage spaces, six covered carports, and on-site laundry. With its classic 1930s character and strong fundamentals, 1526 Arch Street presents a rare opportunity to acquire a value-add asset just a 10-minute walk from UC Berkeley. Read Less
Courtesy of Marcus & Millichap, Eymon Binesh 650-546-1030
Listing Snapshot
Days Online
21
Last Updated
Property Type
Five Or More Units
Square Ft.
9,282
Lot Size
0.19 Acres
Year Built
1938
MLS Number
ML82035321
Additional Details
Lot
Max Area: 8075.00, Max Area Units: Square Feet, Lot is 0.18537649219467 acres
Accessibility Features
Parking
Unit One
Rent: $4,695, 3 bedrooms
Unit Two
Rent: $3,600, bedrooms: 2
Unit Three
Rent: $938, bedroom 1
Unit Four
Rent: $1,795
Building
9,282 structure square feet, Age: 88, Built in 1938, 1 building, 10 minimum units in complex
Cooling
None
Foundation
Wood Frame
Garage
4 garage spaces, Attached Garage, Covered Parking
Water Features
Public
Heating
Electric
Laundry
Coin Operated
Tenant Pays
Rent Only, Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 128615
Property
Zoning: RM
Roof
Rolled Composition
Security Features
None
Taxes
Annual tax amount: $47,320
Sewer
Sewer - Public
Utilities
Master Water, Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters, Public Utilities
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