1039 Channing Way, Berkeley, CA 94710

Description

To access the marketing package copy/paste: https://bit.ly/kitehillre. This exceptional Southwest Berkeley property offers a highly desirable unit mix consisting of one 2BD/1BA, one 1BD/1BA with office, one 1BD/1BA, and a private detached 1BD/1BA cottage. The layout provides flexibility for both investors and owner-users, with two units delivered vacant, allowing for immediate occupancy or repositioning. The property generates strong in-place income of $11,250 per month (including RUBS), translating to an attractive 6.06% cap rate and 11.14 GRM. With quality renovations already completed and stable cash flow in place, the asset offers both current income and long-term ap...