1722 Walnut StBerkeley, CA 94709

This exceptional investment opportunity presents a 10-unit apartment building located at 1722 Walnut St, Berkeley, CA 94709. The property, built in 1927, boasts 6,020 square feet on a 5,450 square foot lot and is zoned R-4. Currently operating at 90% occupancy, the building generates a substantial net operating income (NOI) of $189,658, representing a 5.58% capitalization rate. Each of the ten units features one bedroom and one bathroom, with four units showcasing upgraded, open-concept kitchens. All units retain original hardwood floors. The building includes on-site coin-operated laundry facilities and a shared backyard. The asking price is $3,398,000, or $339,800 per unit. All furniture is included in the sale. Meticulously maintained for 37 years by the same owner, this property offers a flexible investment strategy, allowing for continued furnished rentals or renovations to maximize returns as units become vacant. Its prime location near UC Berkeley in a highly desirable neighborhood makes this a rare and compelling investment opportunity. The Alameda County Assessor's Parcel Number (APN) is 58-2177-6. This is a Class B multifamily property, ideal for owner-users. The building is a two-story structure.