California / Berkeley / 94710 / 2323 Tenth Street

2323 Tenth Street

Q: What is the asking price for 2323 Tenth Street in Berkeley?

The asking price for 2323 Tenth Street is $1,885,000

Q: What is the building size of this Multifamily property in Berkeley, CA?

The size of the building/unit at 2323 Tenth Street in Berkeley is 5,544 square feet.

Q: How much land does the Berkeley, CA property at 2323 Tenth Street include?

2323 Tenth Street in Berkeley includes 0.160 acres of land.

Q: What is the population within 1 mile of 2323 Tenth Street?

The population within 1 mile of 2323 Tenth Street Berkeley, CA 94710 is 29,701 people.

Q: Who do I contact for questions about 2323 Tenth Street?

You should contact the listing agent, Kevin Flaherty, for any details regarding this commercial listing.

Berkeley, CA 94710

Listing ID: 250301

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Building Size: 5,544 SF

Lot Size: 0.160 AC

Land Size: 6,969 SF

Building $/SF: $340.01

Land $/SF: $270.48

Price

$1,885,000

Property Highlights

Optimal Berkeley location near Aquatic Park, downtown, and the UC Berkeley campus

Maintained BMR status and housing security for Section 8 residents

2.7 cap rate, factoring cost of work required

Description

NAI Northern California is especially proud to have represented the seller in this remarkable deal that transfers this existing Section 8 property to a community nonprofit providing affordable housing. Max Rattner, Kevin Flaherty, and Derrick Reedy worked diligently with the buyer and seller as well as several city officials to overcome multiple obstacles—including nearly $500k in deferred maintenance, code violations that were only discovered while in escrow, and structural engineering issues necessitating immediate rehab. Despite these challenges, our team secured a premium for our client while positioning the buyer to expand delivery of a valuable community resource.

Attachments & Files

2321-232310thstreetfinalom-aXG-HRg.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Oakland History of Multifamily Housing for Sale

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Listing Demographics for 2323 Tenth Street Berkeley, CA 94710

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		29,701	224,834	414,573
Population Median Age		39	38	39
Population by Age	0-9 Yrs	2767 (9%)	18642 (8%)	34878 (8%)
	10-19 Yrs	2916 (9%)	25326 (11%)	40853 (9%)
	20-29 Yrs	5652 (19%)	50075 (22%)	80329 (19%)
	30-39 Yrs	5129 (17%)	38497 (17%)	75339 (18%)
	40-49 Yrs	4311 (14%)	27356 (12%)	52508 (12%)
	50-59 Yrs	3116 (10%)	22751 (10%)	45668 (11%)
	60-69 Yrs	3163 (10%)	21978 (9%)	43453 (10%)
	70+ Yrs	2648 (8%)	20209 (8%)	41544 (10%)

Median HH Income		$82,640	$91,038	$89,105
Total Household Income	< 24K	2303 (18%)	15276 (16%)	30367 (17%)
	25-49K	1988 (15%)	13171 (14%)	24907 (14%)
	50-74K	1697 (13%)	10932 (11%)	21230 (12%)
	75-99K	1284 (10%)	10018 (10%)	19178 (10%)
	100-199K	3680 (28%)	24805 (27%)	46127 (26%)
	200K+	1809 (14%)	17412 (19%)	32844 (18%)

Highest Education Level	No Diploma	1061	7170	19732
	Diploma or GED	1797	12779	29097
	Some College	3510	19025	41258
	Assoc. Degree	1190	7854	16893
	Bachelors Degree	7399	53672	101036
	Higher Degree	6942	55621	95432

Total Housing Units		13,671	98,160	186,546
--Owner-Occupied		5,171	38,175	71,154
--Renter-Occupied		7,591	53,439	103,499
Owner-Occupied Values	< 100K	138	679	1374
	100-199K	66	530	1076
	200-299K	74	1324	2147
	300-399K	129	2521	5034
	400-499K	261	2356	5424
	500K+	4503	30766	56099

Total Working Age Population		25,152	196,204	360,549
In Work Force		17,530	131,113	244,543
Not In Work Force		7,622	65,091	116,006
Workforce Employed		16,695	124,764	231,234
Workforce Unemployed		835	6,289	13,176
Civlian Workforce		17,530	131,053	244,411
Military Workforce		0	60	132

Total Households		12,762	91,615	174,653
Family Households		6,229	42,914	82,923
Non-Family Households		6,533	48,701	91,730
Married Couple		4,237	32,147	61,420
Other Family		1,991	10,767	21,503
Married w/Child		1,899	13,335	23,640
Single Male w/Child		326	1,262	2,219
Single Female w/Child		706	3,487	7,157

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Alameda County	1,443,741	+5	1,510,271	+12	1,696,752	+10	1,861,027
Contra Costa County	948,816	+11	1,049,025	+12	1,171,305	+11	1,296,786
Marin County	247,289	+2	252,409	+4	263,085	+2	267,912
San Francisco County	776,733	+4	805,235	+12	903,294	+8	976,481

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 2323 Tenth Street in Berkeley?

The asking price for 2323 Tenth Street is $1,885,000

What is the building size of this Multifamily property in Berkeley, CA?

The size of the building/unit at 2323 Tenth Street in Berkeley is 5,544 square feet

How much land does the Berkeley, CA property at 2323 Tenth Street include?

2323 Tenth Street in Berkeley includes 0.160 acres of land

What is the population within 1 mile of 2323 Tenth Street in Berkeley?

The population within 1 mile of 2323 Tenth Street Berkeley, CA 94710 is 29,701 people.

Who do I contact for questions about 2323 Tenth Street?

You should contact the listing agent, Kevin Flaherty, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Metropolitan Oakland International Airport (OAK)	11
San Francisco International Airport (SFO)	18
Norman Y. Mineta San Jose International Airport (SJC)	40