Key information
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Units 3
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Year Built 1910
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Average Unit Size 1,180
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Building Size 3,540
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Land Area (Sq Ft) 4,788
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Parking N/A
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Separate Meters Gas, Electric
Pricing Metrics
CAP Rate:
4.4%
GRM:
13.4
Price per Unit:
$660,000
Price per Square Foot:
$559
Property Summary
Rare opportunity to own in the heart of Berkeley’s Gourmet Ghetto. Located on a quiet residential street just steps from Chez Panisse, Peet’s Coffee, and Epicurious Garden, 1512 Walnut features two main units: a flexible 1BD/1BA (convertible to 2BD), and a two-level 3BD/1.5BA with Bay-view balcony and hot tub. Both delivered vacant. Bonus features include a basement bonus unit, four separate storage areas, five off-street parking spaces, and on-site and in-unit laundry. Just four blocks from UC Berkeley’s Northside campus. Ideal for owner-occupants or investors seeking multiple income streams from residential units, parking, storage, and more—all in one of Berkeley’s most vibrant and amenity-rich neighborhoods.
Financial Summary
Gross Rents (Annual):
$108,000
Other Income:
$39,240
Expense Pass Through:
$0
Effective Gross Income:
$86,685
Vacancy Reserve:
$10,307
Operating Expenses:
$50,249
Net Operating Income:
$86,685
Market Rents (Annual):
$108,000
Rent Gap:
0%
Disclaimer*
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information.
Operating Expenses
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Property Tax Rate:
N/A
Property Tax (Base):
N/A
Property Tax (Additional Assessments):
N/A
Business License Fee:
N/A
Rent Board Fee:
N/A
Other Program Fee:
N/A
Property Management:
N/A
Resident Manager:
N/A
- Maintenance, Repairs, and Reserves : N/A
- Turnover Costs : N/A
- Landscaping : N/A
- Pest Control : N/A
- Janitorial : N/A
- Insurance : N/A
- Gas & Electricity : N/A
- Garbage : N/A
- Water & Sewer : N/A
- Other Utilities : N/A
Disclaimer*
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information.
Rent Roll
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