Comm Ri Multi-units 5+ For Sale
19,670 Sqft - 2401 PIEDMONT AVE, BERKELEY, California 94704-2425

Property Description
Rare business opportunity and building designed by Ratcliff in 1959 known as the Tau House. Located on Fraternaty Row steps to Memorial Stadium and UC. Currently a private residence hall with 18 meals a week. 40 bedrooms with 78 beds w/4 large common bathrooms.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40552700
Price : $8,650,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 19,670 Sqft
Year Built : 1959
Lot Area : 0.55 Sqft
Features
Heating System : Steam, Forced Air 2 Zns Or More, Radiant
Basement : Other, Storage Area, Separate Entry, Finished
View : Other, Bay
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Alameda
City : BERKELEY
Zipcode : 94704-2425
Street : PIEDMONT AVE
Street Number : 2401
Floor Number : 0
Longitude : W123° 44' 55''
Latitude : N37° 52' 2.9''
MLS Addon
Office Name : RED OAK REALTY
Building Type : Lowrise (1-3 Flrs)
Area : Berkeley Map Area 10
Address : 2401 PIEDMONT AVE
Cross Street : Channing
Directions to Property : South of Memorial Stadium
LA1User Code : R01433100
LA1Agent First Name : MARK
LA1Agent Last Name : CHOI
Status Category : Sold
Tot # Parking Spaces : 14
Tot # of Units : 40
Dist/Nbrhood/Sub : BERKELEY
Zoning : R-4H
List $/SqFt : $440
Age : 54
Apx Lot Sq Ft : 24,000 Sqft
Type of Building : Apt Complex
Annual Taxes : $999,999
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Garden, Other, Extra Storage, Play Area, Lawn Sprinkler
DISABLED FEATURES : Halls/doors - 3 Ft Wide
EQUIPMENT ADDITIONAL : Other, Dryer, Washer, Fire Sprinklers, Water Heater Gas, Fire Alarm System
EXTERIOR : Stucco, Wood Siding, Brick Veneer
FLOORING : Tile, Hardwood Floors, Partial Carpeting, Parquet
LOT DESCRIPTION : Level, Corner, Premium Lot
ON-SITE PARKING DESC : Parking Area, Other, Guest Parking
OPERATING EXPENSES : Electric, Gas, Insurance, Janitorial, Maintenance/repair, Management, Accounting/legal, License/ads, Other, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water, Miscellaneous/other
SEPARATE METERS : Other
SOME UNITS HAVE : Other
TENANT PAYS : Other
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Community Facility, Washer/dryer Hookups, In Laundry Room, Dryer, Washer, Coin Operated, In Basement, Common Room, Laundry Equip - Leased
Census Tract : 4227.00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $999,999
2nd Loan Balance : $999,999
Tot Other Loans : $999,999
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Owner, Other
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $8,650,000
Sold Price : $6,600,000
Previous Price : $8,650,000
Concessions : Buyer took responsibility of sewer/RECO
Sale $/SqFt : $0