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About this home
Chateau Shattuck is a rare 8-unit apartment community just steps away from UC Berkeley. This Victorian-style building offers a desirable unit mix of (5) studios, (2) 1 Bed 1 Bath, and (1) 3-bed 1 Bath unit. Strong, stable rental income $146,000 gross annual income and $98,000 NOI, reflecting a 4.6% cap rate at the current offering. Individually metered gas and electric by unit, on-site laundry facilities, parking lot in back and upside potential through unit-level renovations, rent optimization and ADU potential. An excellent addition to any multifamily portfolio in one of the East Bay's most enduring rental markets.
Multi-familyProperty Type
1896Year Built
5,760 sq ftLot Size
$399Price/Sq.Ft.
6 spacesParking
Listed by Travis Raciti•DRE #02246639• Luxmore Real Estate
South Berkeley, located between Ashby Avenue and Dwight Way, is a residential and artsy Berkeley neighborhood with Craftsman bungalows and a well-used bike grid. The neighborhood’s character concentrates around Adeline Street at Alcatraz Avenue, where taquerias, coffee counters, small markets, and murals set a steady street rhythm. Ashby BART and the Berkeley Flea Market add a weekly pulse of transit and street commerce. Lorin District storefronts and low-slung apartment courts line key corridors, while side streets stay leafy and quiet. San Pablo Park anchors open space with courts, lawns, and a community center. The Ashby Avenue corridor links local eateries and everyday errands without losing the neighborhood’s porch-and-garden feel.
Provided by Walk Score and Local Logic
Offer insights
Shattuck · $1,995,000
$1.99M and above
75% chance or better to win
Why $1.99M+ is a strong offer
DAYS ON MARKET
62 days
The average home goes pending in 40 days.
SALE-TO-LIST
100.2%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Accessible parking available
Bedrooms
Units include 1-bedroom and 3-bedroom layouts (unit counts shown below)
Bathrooms
Full and half bathroom configurations across units
Heating & cooling
Wall furnace heating
Ceiling fans for cooling
Exterior features
Common parking area
Carport parking available
Located on Shattuck Street
Home design
Victorian-style building
Single building in the community
Parking
Total of 6 parking spaces
Carport plus common parking area
Construction
Concrete perimeter foundation
Wood-frame construction
Shingle roof
Building area approximately 5,000
Utilities
Individual gas meters
Public sewer service
Financial info
12-month lease terms
Individual ownership
Other
8 total units in the community, 7 currently leased
Unit mix and typical rent ranges: • Five units with rents ranging approximately $1,139–$1,750 • Two 1-bedroom units at about $2,100 • One 3-bedroom unit at about $3,031
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the South Area Commercial (C-SA) district is to: Implement the General Plan’s designations for Community Commercial, and the Commercial/Residential areas, as well as the policies of the South Berkeley Area Plan; Provide locations for both community-serving and regional-serving businesses, particularly those which reflect the culture of the surrounding area; Provide an area of neighborhood and lower intensity community commercial uses, serving as a transition between the Downtown area and the neighborhood-serving area south of Ashby Avenue; Encourage the location of a wide variety of community-oriented retail goods and services in South Berkeley; Encourage residential development for persons who desire both the convenience of location and more open space than is available in the Downtown; Provide limited locations for other activities such as offices which may be compatible with both retail and residential uses; Encourage development and amenities that support pedestrian-oriented uses; Encourage appropriate mixed-use development retail/office/residential on appropriate sites in the district; and Increase the opportunities for the establishment of businesses which are owned and operated by local residents.
Permitted uses
Include but are not limited to:
Agriculture-Other
General retail
Restaurant
Housing-Other
Office
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 84° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
16 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Berkeley, CA • 94705
Average low and high temperatures (°F)
61
47
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48
67
51
64
50
68
53
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69
56
73
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73
60
73
56
63
51
59
48
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Feb
Mar
Apr
May
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Sun exposure
In this area, properties receive around 11.1 hours in
June and 5 hours in December, placing it above the
U.S. average for solar exposure.
11.1 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Shattuck
$1,903,506
$91K under list price of $2.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $815K to $978K.