9 days on rocket

2711 Shattuck Ave, Berkeley, CA, 94705

$5,270,000

1 Full Bath
10,451 SqFt
$504/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year BuiltNew Const., 2018
HeatingOther
CoolingOther
MLS #424078872
Lot Size0.12 Acres
StatusActive

About 2711 Shattuck Ave

2711 Shattuck Ave is a newly constructed (built in 2018), 4-story apartment building featuring 22 fully furnished studio units on Shattuck Ave in South Berkeley. This prime location is just steps from UC Berkeley, Downtown Berkeley, and the Southside Neighborhood. The building showcases cutting-edge prefabricated modular steel construction, offering a unique chance to acquire a modern property at an attractive basis under $240,000 per unit. There is assumable debt available with a 3.93% 5-year fixed interest rate at ~60% loan-to-value ratio amortized over 30 years making the cash-on-cash return of this newly constructed investment property roughly 5%. The units size range from 306-327 SF and feature 9 ft ceilings, operable oversized floor-to-ceiling dual pane windows with custom blackout fabric roller shades and individually controlled & metered AC/Heat mini split units. The modern interior finishes include a custom murphy bed that doubles as a sofa, custom cabinetry, stone counter tops, stainless-steel Energy Star appliances, oversized showers with subway tile surrounds & glass swinging doors, full-width vanities with quartz counter tops and porcelain tile flooring. The units are individually metered for electric and submetered for water.

Property Details

Property Features

Property Information:

  • Year Built: 2018
  • Stories: 4
  • Living Area: 10,451 SqFt

Listing Office:

  • Office Name: CBRE
  • Office Phone: (510) 874-1900
  • Listing Agent: Keith Manson, Zachary W Greenwood

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: Formal Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Exterior: Yard Space

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,270,000
  • Price Per SqFt: $504/SqFt

Tax Information:

  • Annual Amount: $129,931
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Berkeley, CA.

Med. Sold Price

$1.4M

Med. Price/SqFt

$905

Avg. Days On Market

19

# of Sold Homes

66

2711 Shattuck Ave vs Berkeley

9 DAYS ON ROCKET

-10 Days

$5,270,000

+$3.8M More

$504/SqFt

-$401 Less

KEY TAKEAWAY

This property is $3.8M more than the Median Sold Price and $401/SqFt less than other homes in Berkeley, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: San Francisco Association of REALTORS®
  • MLS Number: #424078872

Listing Office:

  • Office Name: CBRE
  • Office Phone: (510) 874-1900
  • Listing Agent: Keith Manson, Zachary W Greenwood

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 15, 2019Home Sold
$9,500,000
Feb 28, 2006Home Sold
$338,000
Jan 18, 2006Home Sold
$4,200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$129,931$9,599,527
2020$130,194$9,489,000
2019$3,552$4,329,998
2018$3,284$240,196
2017$3,284$235,488

History based on county public records data.

Payment Calculator

$26.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-558637
7
/10
  • Sylvia Mendez Elementary School

  • 2840 Ellsworth St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-558638
6
/10
  • Washington Elementary School

  • 2300 Martin Luther King Jr Way

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-558639
7
/10
  • Malcom X Elementary School

  • 1731 Prince St

  • 0.64 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,708. Residents of Berkeley, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaAlameda CountyBerkeley947052711 Shattuck Ave

This home is located at 2711 Shattuck Ave in Berkeley, CA and zip code 94705 in the South Berkeley neighborhood. This 10,451 square foot home, which was built in 2018, sits on a 0.12 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $5,270,000.

Berkeley, CA housing market in October 2024 saw over 54 listings sold above listed price, more than 1 sold at listed price and over 9 sold below. In October 2024 in Berkeley, CA there were 2.3% more homes for sale than in September 2024. Listings spent 19 days on the market in October 2024, and had a median list price of $1,400,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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