• Asking Price: $2,995,000
• Features Eight (8) Total Units Comprised of One 3bd/2bth Unit, One 3bd/1bth Unit, One 2bd/2bth Unit, Two (2) 1bd/1bth Units and Three (3) Studio Apartments on an 8,230 SF Lot
• Recent Improvements Include New Stucco, Fresh Paint, Updated Roofs, Updated Interiors with In-Unit Washer/Dryer, New Electrical, New Plumbing, and Updated Windows
• Current Rents Roughly 30% Below Market Rate - Presenting a Huge Opportunity for Rental Upside Upon Turnover, Capital Improvement Pass Throughs, or Tenant Buy Outs
• Incredible Seller-Carry Financing Terms for Qualified Buyers -Up to 85% LTV and Sub 5% Interest Only Rate
• Premium Unobstructed Views of San Francisco Bay and Golden Gate Bridge in Prime Berkeley Hills Neighborhood
• Excellent ADU Potential w/ Four Street Level Garages and Expansive Yard

OFFERING SUMMARY
COUNTY: Alameda
BUILDING SF: 6,910 SF
LAND SF: 8,230 SF
LAND ACRES: 0.19
NUMBER OF UNITS: 8
YEAR BUILT: 1913
YEAR RENOVATED: 2023
APN: 063-2975-036
OWNERSHIP TYPE: Fee Simple

FINANCIAL SUMMARY
PRICE: $2,995,000
PRICE PSF: $433.43
PRICE PER UNIT: $374,375
OCCUPANCY: 99.00 %
NOI (CURRENT): $140,502
NOI (Pro Forma): $233,730
CAP RATE (CURRENT): 4.69 %
CAP RATE (Pro Forma): 7.80 %
CASH ON CASH (CURRENT): 4.90 %
CASH ON CASH (Pro Forma): 23.55 %
GRM (CURRENT): 13.72
GRM (Pro Forma): 9.43

PROPOSED FINANCING
Seller-Carry
LOAN TYPE: Interest Only
DOWN PAYMENT: $500,000
LOAN AMOUNT: $2,495,000
INTEREST RATE: 4.65 %
ANNUAL DEBT SERVICE: $116,018
LOAN TO VALUE: 83 %

Property Overview
• The Pinza Group presents 1015 Euclid Ave, featuring eight total units on an expansive 8,230 SF lot in the prime Berkeley Hills location. This turnkey investment comprises a well-balanced mix of units, including one 3bd/2bth unit, one 3bd/1bth unit, one 2bd/2bth unit, two 1bd/1bth units, and three studio apartments. Each unit offers stunning views of the San Francisco Bay and Golden Gate Bridge. The building has undergone significant upgrades, with new stucco, paint, and roofs enhancing its exterior. Three units have been gutted for a modern touch, and approximately 75% of the building boasts new electrical and plumbing, with some units featuring new windows. The sewer lateral is
new, the walkway has been updated for added appeal, and the foundation has been upgraded to ensure structural integrity. We are please to offer excellent, positive leverage seller-financing with up to 85% LTV and a sub 5% interest rate for qualified buyers, yielding 5%+ cash on cash return from day one.

Location Overview
• Nestled in the prestigious Berkeley Hills, 1015 Euclid Ave enjoys a prime location surrounded by an array of desirable amenities. Residents can easily access the vibrant culture and culinary scene of downtown Berkeley, with its eclectic mix of restaurants, cafes, and boutiques. The proximity to
Tilden Regional Park offers nature enthusiasts an abundance of recreational opportunities, from hiking trails to picnicking spots with panoramic views of the Bay Area. The renowned University of California, Berkeley, adds an intellectual and cultural dimension to the area, while nearby public transportation provides convenient commuting options. The neighborhood also benefits from excellent schools, parks, and community facilities, creating a well-rounded and attractive environment for those seeking a blend of urban conveniences and natural beauty.

PROPERTY FEATURES
NUMBER OF UNITS: 8
BUILDING SF: 6,910
LAND SF: 8,230
LAND ACRES: 0.19
YEAR BUILT: 1913
YEAR RENOVATED: 2023
# OF PARCELS: 1
ZONING TYPE: Apartments (5+ units)
BUILDING CLASS: A
LOCATION CLASS: A
NUMBER OF STORIES: 4
NUMBER OF BUILDINGS: 1
NUMBER OF PARKING SPACES: 8
PARKING RATIO: 1:1
WASHER/DRYER: In-Unit

UTILITIES
WATER: OWNER
TRASH: OWNER
GAS: TENANT
ELECTRIC: TENANT