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$1,850,000
Est. payment /mo
7 Beds
3,902 SqFt
Active
2714 Alcatraz Ave Berkeley, CA 94705
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,902 sqft
Price per Sqft $474
Subdivision Elmwood
MLS Listing ID 41110131
Bedrooms 7
HOA Y/N No
Year Built 1915
Lot Size 5,900 Sqft
Acres 0.13
Property Sub-Type Quadruplex
Property Description
To access marketing package copy/paste: https://bit.ly/kitehillre. OFFERS DUE 10/9/26 by Noon 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.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Interior Features Storage
Heating Natural Gas
Cooling Other
Flooring Wood
Fireplace No
Laundry Coin Operated
Exterior
Exterior Feature Front Yard
Utilities Available Individual Electric Meter, Individual Gas Meter
Building
Lot Description Rectangular Lot, Paved
New Construction No
Others
Tax ID 521563179

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Listed by Jatin Mehta • Kite Hill Real Estate
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