1744 10Th StBerkeley, CA 94710

Property Details for 1744 10Th St

Year built

1943

Construction

WOOD

Lot size

0.10 AC

Property size (Sq ft)

3,079 SF

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

58-2126-15

APU

58212615

Description

This exceptional investment opportunity presents a 10-unit apartment building located at 1744 Tenth St, Berkeley, CA 94710. The property consists of four adjacent two-story buildings totaling 6,365 square feet on a 0.24-acre lot (APN: 58-2126-15 / 58-2126-16). Built in 1943, the building offers a desirable unit mix: nine one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. Five attached garages provide convenient parking, supplemented by ample off-street parking for all tenants. The property benefits from its prime location in a highly sought-after Berkeley neighborhood, offering easy access to the vibrant 4th Street shopping center and the North Berkeley BART station. Its proximity to the University of California, Berkeley, ensures consistent high rental demand. This multifamily property represents a compelling investment opportunity in a market characterized by strong rental demand and limited housing supply, promising stable returns and potential for future growth. The combination of desirable location, convenient parking, and a well-maintained building makes this a truly attractive asset. The property's solid construction and established tenancy contribute to its long-term value and potential for appreciation. This is a rare chance to acquire a well-positioned, income-producing property in one of Berkeley's most desirable areas.

• CAP approach

  CAP return

  Valuation

  6%

  $1,047,457

  6.5%

  $966,884

  7%

  $897,821

• Comparable approach

  Method

  Valuation

  Relative Method

  $875,727

  Geo Method

  $1,331,084

• Alternative Use

  Use

  Valuation

  Residential

  $966,884

  Hospitality

  $885,660

  Educational

  $736,859

  Medical

  $762,201

  Retail

  $1,146,225

Location Insight

City

Berkeley

County

Alameda

State

California

Latitude

37.8717

Longitude

-122.294

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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