We are pleased to present 1682 Oxford Street. This 2,396 SF, 4-unit property, constructed in 1940 and consisting of four 1-bed 1-bath units, presents an attractive prospect for multifamily/low-rise/garden investors. Zoned R-3, this property offers versatile development potential, making it a sought-after asset in the thriving Berkeley area. This property promises both immediate income and long-term upside potential, making it an enticing prospect for astute investors. Located in the coveted Northside Neighborhood, 1682 Oxford St offers prime access to the UC Berkeley campus just a 9-minute, 0.3 mile walk to the campus. Steps from the first and original Peets Coffee along with other Gourmet Ghetto establishments like Gregoire and Chez Panisse, tenants also have the option to enjoy Downtown Berkeley’s dining, shopping and entertainment. The property’s close proximity to public transportation, especially Downtown Berkeley BART, and major thoroughfares allows for bike/car/walk optionality. With a strong demand for multifamily as well as large single-family residences in this sought-after locale, the property presents a safe and steady opportunity to Bay Area and student housing investors.
Lechavarria@onthegorealestate.com
