2714 Ave, Berkeley, CA 94705

0 beds 0 baths 5,900 sq.ft.

Offerered at: $2,075,000.00

Project/Tract: ELMWOOD
County: Alameda
Year Built: 1915
Association Fees: $0.00/mo.

Property Description

To access marketing package copy/paste: https://bit.ly/kitehillre. 2714 Alcatraz Ave offers a diverse and flexible unit mix, including a studio, two one-bedroom units, a two-bedroom/1.5-bath unit, and a three-bedroom/two-bath unit. With three of the units and a basement space delivered vacant, the building provides an exceptional opportunity for both investors and owner-occupiers. Investors have the ability to set market rents and hand-pick tenants, while an owner-occupant can enjoy immediate income support from the leased units. Fully occupied, the property is projected to generate over $14,223 per month in gross rental income, making it a strong long-term investment with stable cash flow potential. 2714 Alcatraz Ave is designed for tenant convenience and long-term retention. Each unit is separately metered for gas and electricity, keeping operating costs low and simplifying management. Tenants also benefit from onsite amenities including a coin-operated laundry facility, 2–3 off-street parking spaces, and a shared backyard—an attractive feature that enhances livability and overall appeal. With multiple value-add options available, the property provides a range of opportunities to reconfigure, expand, or further improve income potential.

ESSENTIAL INFO

  • Status: Active