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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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Sylvia Mendez Elementary School
2840 Ellsworth St
Distance between this listing and this school0.29 miles
Public District Grades KG-5
6
/10
Washington Elementary School
2300 Martin Luther King Jr Way
Distance between this listing and this school0.57 miles
Public District Grades KG-5
7
/10
Malcom X Elementary School
1731 Prince St
Distance between this listing and this school0.64 miles
Public District Grades KG-5
Nearby Schools
8
/10
Willard Middle School
2425 Stuart St
Distance between this listing and this school0.45 miles
Public District Grades 6-8
6
/10
Longfellow Arts and Technology Middle School
1500 Derby St
Distance between this listing and this school0.69 miles
Public District Grades 6-8
5
/10
Sankofa Academy
581 61st St
Distance between this listing and this school0.92 miles
Public District Grades PK-8
Nearby Schools
5
/10
Berkeley Technology Academy
2701 Martin Luther King Jr Way
Distance between this listing and this school0.25 miles
Public District Grades 10-12
8
/10
Berkeley High School
1980 Allston Way
Distance between this listing and this school0.63 miles
Public District Grades 9-12
1
/10
Oakland International High School
4521 Webster St
Distance between this listing and this school1.85 miles
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.
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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.